June 9, 2018

FIT-All collections shortfall slashed to P4.5 billion

By Myrna M. Velasco – June 8, 2018, 10:00 PM from Manila Bulletin The shortfall in collections of the feed-in-tariff allowance (FIT-All) from ratepayers will be cut to P4.5 billion this year from previously at roughly P8.0 billion – that […]
May 25, 2018

Filipino consumers save P18.7 B on RE’s priority dispatch

By Myrna M. Velasco – Updated May 24, 2018, 10:49 AM from Manila Bulletin Filipino consumers were able to save P18.7 billion or an equivalent P0.087 per kilowatt-hour (kWh) net reduction in their electric bills due to the “priority dispatch” […]
May 15, 2018

Policy clarity sought on extended FIT for hydro projects

By Myrna M. Velasco – Updated May 14, 2018, 3:27 PM from Manila Bulletin Given the four to five-year-long gestation for most hydropower projects, industry players are asking clarity from the Department of Energy (DOE) as to the application of […]
May 15, 2018

Govt puts on hold First Gen’s other hydropower projects

By Lenie Lectura – May 14, 2018 from Business Mirror FIRST Gen Corp.’s other hydropower projects are put on hold until the government issues clear cut-rules on feed-in-tariff (FiT), an incentive in the form of guaranteed power rate given to […]