national transmission corp.

Lower power rates seen after FiT-All approval

January 28, 2020 admin consumers, Electricity, Energy Regulatory Commission, national transmission corp., power rates, Top Business

Credit to Author: Jordeene B. Lagare| Date: Tue, 28 Jan 2020 16:29:10 +0000

CONSUMERS can expect to pay less for electricity soon after the Energy Regulatory Commission (ERC) approved a lower feed-in tariff allowance (FiT-All) that is used to subsidize renewable energy (RE) developers. In a statement on Tuesday, the power regulator said it authorized the National Transmission Corp. (TransCo) to collect a 2019 FiT-All rate of P0.0495 […]