ERC Issues Final Decision on 2016 FIT- Allowance
(WorldNews Environment)

The Energy Regulatory Commission (ERC) issued its final approval of the petition of the National Transmission Corporation (TransCo) for a Feed-in Tariff Allowance (FIT-All) for Calendar Year 2016. The additional FIT-All adjustment to be collected from all on-grid customers is PhP0.0590/kWh, from the current rate of PhP0.1240/kWh. The adjustment will take effect in the immediately succeeding billing period following TransCo`s...