Duterte OKs no disconnection policy extension for lifeliners visayandailystar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from visayandailystar.com Daily Mail and Mail on Sunday newspapers.
BusinessWorld
January 31, 2021 | 7:33 pm
CONSUMER RIGHTS advocacy group Laban Konsyumer, Inc. (LKI) has sought to nullify an Energy Regulatory Commission (ERC) resolution to adjust the feed-in tariff (FiT) allowance, claiming that it was issued without the required notice and hearing in violation of procedural due process.
The FiT is a fixed subsidy paid by the government to renewable energy (RE) developers to partially compensate for the risk in taking on new technology. The subsidy costs are passed on to consumers via the FiT-All uniform charge.
Last year, the FiT rate for solar projects increased to P11.2758 per kilowatt-hour (kWh) from the P9.68/kWh set in 2014. Meanwhile, the FiT for wind projects increased to about P9.8976/kWh last year from P8.53/kWh.
Angelica Y. Yang
THE technical staff of the Energy Regulatory Commission (ERC) is set to complete by February its evaluation on whether the biggest power provider in the Visayas had charged âhigh electricity ratesâ in the area as alleged by a business group, an official of the agency said on Tuesday.
Floresinda G. Baldo-Digal, ERC commissioner-in-charge, said the regulatorâs technical team is evaluating the letter sent by Visayan Electric Co., Inc. to explain its side.
âThe explanation is currently under evaluation by our technical staff, they are targeting to present their recommendation to the Commission by next month,â Ms. Digal told
Subsidies and energy policies under Biden bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
PSALM aims to privatize hydro plants under IPP contracts in 2021 on January 20, 2021 at 10:52 am
The government, through the Power Sector Assets and Liabilities Management Corporation (PSALM), looks to privatize its hydroelectric power plants (HEPPs) under Independent Power Producer (IPP) contracts this year, with a study by the Asian Development Bank (ADB) nearing completion.
PSALM President and CEO Irene Garcia said that the ADB is expecting to finish its study on the privatization options for the Caliraya-Botocan-Kalayaan (CBK) and the Casecnan HEPPs within the month. The state-run company tapped the ADB last year for the said study.
The Department of Energy (DOE), in its 37th Electric Power Industry Reform Act (EPIRA) Implementation Status Report, said the privatization process for the CBK and Casecnan HEPPs would begin this year.