𝐋𝐀𝐓𝐄𝐒𝐓 𝐎𝐍 𝐏𝐎𝐖𝐄𝐑⚡ 𝐁𝐈𝐑 𝐒𝐚𝐲𝐬 𝐋𝐢𝐟𝐞𝐥𝐢𝐧𝐞 𝐒𝐮𝐛𝐬𝐢𝐝𝐲, 𝐆𝐫𝐞𝐞𝐧 𝐄𝐧𝐞𝐫𝐠𝐲 𝐀𝐥𝐥𝐨𝐰𝐚𝐧𝐜𝐞 𝐍𝐨𝐭 𝐓𝐚𝐱𝐚𝐛𝐥𝐞 The BIR clarified under RMC No. 60-2026 that the Lifeline Subsidy and GEA-All are pass-through collections and are therefore not subject to VAT and withholding tax. The clarification aligns their tax treatment with other government-mandated power sector charges, as distribution utilities and electric cooperatives only collect and remit these amounts and do not treat them as income or gross sales. This is expected to prevent additional tax burdens on electricity charges and help protect consumers from higher power costs. Read more here: https://business.inquirer.net/594156/bir-says-lifeline-subsidy-green-energy-allowance-not-taxable 𝐏𝐚𝐥𝐚𝐜𝐞 𝐎𝐫𝐝𝐞𝐫𝐬 𝐃𝐎𝐄 𝐭𝐨 𝐒𝐭𝐚𝐛𝐢𝐥𝐢𝐳𝐞 𝐕𝐢𝐬𝐚𝐲𝐚𝐬 𝐆𝐫𝐢𝐝 President Ferdinand Marcos Jr. directed the DOE to stabilize power supply and normalize grid conditions in Luzon and the Visayas as soon as possible. He also instructed the ERC to review NGCP’s performance and ensure completion of its deliverables, following recent red and yellow alerts and the Palawan blackout. The Palace added that fuel reserves remain stable, with around 46 days’ worth of inventory as of May 29. Read more here: https://bworldonline.com/economy/2026/06/04/754727/palace-orders-doe-to-stabilize-visayas-grid/ Stay informed on the latest happenings and headlines in the Philippine power industry with Mabuhay Energy’s Weekly News Spotlight! Mabuhay Energy, #YourPartnerForGrowth