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Philippines exempts compliant electric cooperatives from local taxes to expand electricity access.
The Department of Energy and the Department of Finance in the Philippines have exempted compliant electric cooperatives (ECs) from local taxes and fees.
To qualify, ECs must achieve a 75% rating on compliance parameters set by the National Electrification Administration (NEA), including high collection efficiency and meeting system standards.
ECs still must pay regulated administrative costs.
The move aims to help ECs expand electricity access in underserved areas.
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Filipinas exime de impuestos locales a las cooperativas eléctricas conformes para ampliar el acceso a la electricidad.