The National Transmission Corp. (TransCo) is seeking the approval of the Energy Regulatory Commission (ERC) for the implementation of a feed-in-tariff allowance (FIT-All) rate of P0.1006 per kilowatt hour (kWh) for 2025.
The National Transmission Corp. is seeking the approval of the Energy Regulatory Commission for the implementation of a feed-in-tariff allowance rate of P0.1006 per kilowatt hour for 2025.
“The grant of a provisional authority will enable TransCo to fulfill its duties and ensure timely payments of the FITs to FIT-eligible RE developers. Under the FIT-All guidelines, any delay or partial payment to eligible RE plants will incur interest which will eventually result in additional charges to end-users.
Based on filings, TransCo has a surplus of P3,166,406.56 on its FIT-All collections. This means that it is financially capable to settle the current FIT-All claims of the RE developers.
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