Jogo braga benfica directo online dating
When President Rodrigo Duterte told striking jeepney drivers and operators “Magtiis kayo sa hirap at gutom” (Bear poverty and hunger), he could be as well speaking to all poor Filipinos who struggle with ever-rising cost of electricity, water and other basic necessities.
If one of the Duterte administration’s priority and urgent bills pushes through, consumers of water, power, telecommunications, transport and other public services, an overwhelming majority of them are poor, will have to pay more for these basic needs.
Income tax shall be allowed as a cash outflow for rate-determination purposes.
This provision shall not bar the application of performance-based rate regulation should the administrative agency regulating such public service deem it efficient and in the public interest.
), commonly known as Benfica, is a Portuguese sports club based in Lisbon, Portugal.
It is best known for the professional football team playing in the Primeira Liga, the top flight of Portuguese football.
a rate of return should be at least equal to or greater than the WACC for an investment to be profitable.
But public services should be measured beyond profitability as these deliver necessities of public consequence and help ensure decent living for the people.
Counterpart bills have also been filed at the Senate including Senator Grace Poe’s Senate Bill (SB) 1441, Sen. Under the bill, public utilities shall refer to a person that operates, manages and controls a) power distribution, b) power transmission, and c) water distribution and sewerage pipeline systems.
In addition, HB 5828 legitimizes the use of so-called performance-based regulation (PBR), which consumer groups have already questioned in the past because they could easily be taken advantage of by public utility operators such as the rate-setting methodology for Meralco rates or the similar rate rebasing exercise for Maynilad and Manila Water where the cost of future expenses (which would also include future corporate income taxes under HB 5828) are already collected from the users of the public utility.
In several instances, these future expenses included expansion projects that were not even implemented or projections (like future demand) are bloated to justify high rates.
Unfortunately for consumers, this means that the profitability and commercial viability of public services take precedence over the provision or delivery of services that are basic necessities in nature.
One of the alarming issues in HB 5828 is its insertion in Section 16 (c) of Commonwealth Act 146 of the following new provision: “The maximum rate of return shall be equal to the post-tax weighted average cost of capital for the same or comparable businesses computed using established methodologies such as the capital asset pricing model.