ERC plans to extend suspension of feed-in tariff allowance collection

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The Energy Regulatory Commission plans to extend the feed-in tariff allowance suspension until the end of the year, its top official said.

The FIT-All charge is a standardized fee applied to all on-grid electricity consumers. It forms a critical component of the electricity bill, facilitating the development and promotion of renewable energy sources. “Before it gets depleted, if necessary, we will need to lift the suspension of collection of the FIT Allowance so we will start building up the fund again to pay the RE developers supplying power as part of the FIT program,” she said.

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MlaStandard /  🏆 20. in PH

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