By Kit Bagaipo
The Bohol ChronicleThe city and provincial governments are again preparing for what seems a futile battle against an application of Bohol Light Company Inc. to recover from consumers franchise taxes it paid since 2001.
An opposition started by City Mayor Dan Lim has drawn the support of Gov. Erico Aumentado, 3rd District Rep. Adam Relson Jala and the alumni association of Holy Name University.
A public hearing is set 9 a.m. tomorrow at the Governor's Mansion with Commissioners Rauf Tan and Jose Reyes of the Energy Regulatory Commission (ERC) presiding over the motion of Bohol Light to impose an increase of monthly electric billings in order to recover franchise taxes paid to the national government from 2001 to 2006 and the city government from 2002 to 2008.
Bohol Light's application to increase its electricity bills to recover the costs of franchise taxes however is sanctioned by the ERC.
The Commission has issued guidelines where private utilities are provided a mechanism to recover franchise taxes imposed by the local and national government.
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