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No more Feed In Tariff!


Published May 15, 2021, 6:00 AM
I was invited to the Joint Congressional Energy Commission meeting held last April 27, 2021. I was very encouraged again by the invitation to participate in the JCEC. We submitted to the JCEC the position paper of the consumer advocacy group which I lead, Laban Konsyumer Inc., on the power supply outlook and renewable energy law. Our position paper can be accessed in our website at www.labankonsyumercom.
This is the big news on the removal of the Feed in Tariff or FIT.
Secretary of Energy Alfonso G.  Cusi  in the Virtual Economic Briefing of the Philippine Embassy in Washington D.C. held on April 15, 2021 Philippine time, relating to the Philippine Energy Plan of 2018-2040, announced that “we have stopped the Feed in Tariff or FIT which proved to be a big mistake as it forced electricity prices in the country upwards. We cannot have our consumers shoulder the financial burden of such subsidies any longer. This holds true most especia ....

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