By Shildeen Joy Talavera, Reporter
Consumers will face high Electric bills starting in March As Energy Regnatory Commission (ERC) Agree to a new Feed Feed Tax Taxance (ready for everything).
In a late statement on Saturday, ERC said he had approved the quality of P0.1189 per Kilowatt-hour (KWH) hour (KWH), higher than the current level of on-grid.
However, this new rating is low than P0.1220 with KWH required by the National Transfer CORPR. (Trankco).
ERC said the fixed FIT-All-All collection will start the payment time.
FIT-All is not charged for uniforms charged for all electronic consumers with grid support development and promoting renewable power.
Payments are prepared in the appropriate fund for the established fund and carried by Transco. The Fund goes to pay the relevant engineers who have received organized electricity prices produced by their projects.
As a manner, the Trampco has been given an application for the app before ERC to decide the fair value of the year.
When he agrees, ERR marked the reduction of the FIT Fund-all money due to low prices in the full electricity market (Wesm), electricity trading.
“The most expected WESM values ​​affect the power of the Fund to cover the appropriate payments, which require the right repairs – all consolidation to ensure that consumers receive the renewable force (re) eligible for energy plants,” said ERC.
Differences that should be reduced to P10.13 billion from Transcast Forecast for P133.64 billion. This symbolizes the difference between the right prices pay for WESM prices.
ERC said it used actual generation data in January to December 2024 “to ensure more accurate exam.”
It also pointed out that the management of administrative management and refund considency was based on the real costs received by 2024, instead of transco.
“The ERC is committed to ensuring that all the right amounts, are obvious, and showing real market conditions,” said the Commission.
Asked further information, the ERC Chairman and the Chief Executive Officer has negative C. Dimalanga Businessworld That the increase in equal measure – all of all over the first quarter will ensure that the Fund is sufficient to pay the relevant retailers.
“Q4 (Fourth), the quarter of the quarter is applicable until the new rate is issued by the Commission or until Designator 2022,” said Ms.imalanga in the Viber message.
He sought to comment, Jose M. Layeg, JR., President of the renewable force for Advacement, Inc. Businessworld That the fair value of the right-to-one enhance the confidence of Re Developers and the private sector in the Philippines.
“This ECC movement is compatible with the latest High Supreme Court ruling in Augusts 2008 and the relevant Revenue Program and Protection Techniques or Maintenance Operations and Nature Protection,” he said in the message of the -Thriber.
On January 2024, the ERC proposed suspension of 13 months due to the due refuse of the relevant fund.
The ERC has started the suspension of the three-month collection of payment time in December 2022 to February 2023 to reduce the financial burden on the consumers in 2022.
Fit-All Col SuspensionThe election twice was expanded in 2023.
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