n a two-page resolution signed by the ERC commissioners on January 24, but was made public only on Tuesday, the degressed FiT rates for January to December 2017 hydro and biomass plants with commercial operations within the year are P5.8705 per kilowatt-hour (kWh) and P6.5969 per kWh, respectively.

THE National Renewable Energy Board (NREB) on Friday submitted a recommendation to the Department of Energy (DOE) to implement another round of feed-in tariff (FiT) incentives to developers of solar- and wind-power projects.

The current FiT rate for wind projects in the Philippines is P8.53 per kWh. “But knowing the ERC, it won’t give more than P8. So, it’s going to be lower than P8,” Petilla said.

THE National Transmission Corp. (TransCo) is seen designating a trustee bank, likely one of two government-owned lenders, which will manage the feed-in tariff (FIT) allowance fund.