ZANECO pays Real Property Tax to Dipolog; increase in electric bills expected

The Zamboanga del Norte Electric Cooperative (ZANECO) has paid in full Real Property Tax and Franchise Tax to secure business permit from the City Government of Dipolog despite the ZANECO’s and even President Benigno S. Aquino III’s repeated appeals to local government units to forego the imposition of Real Property Taxes on distribution lines of electric cooperatives as this would redound to increase in member-consumer’s electric bills. Continue reading