Officials from the Energy Regulatory Commission (ERC), Department of Energy (DOE) and four distribution utilities (DUs) in Davao region met to explore ways to bring down power-generation charges.
OFFICIALS from the Energy Regulatory Commission , Department of Energy and four distribution utilities in Davao region met to explore ways to bring down power-generation charges.
The ERC’s suspension of FIT-All collection spares consumers from paying P0.0364 per kWh for the next three billing months starting December 2022 until February 2023. This is one of the immediate reliefs ERC presented with the DUs during the PSA caravan. Doreco representatives shared that when they entered into contract with an Independent Power Producer with a diesel generating plant, the cost of fuel was not that high as it is now. The said EC manifested reliance on ERC’s extensive and prudent review of the formula for fuel pass-through in Power Supply Agreements .
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