TODAY'S EDITORIAL: Net metering program should be greatly expanded
EARLIER this month, the Energy Regulatory Commission recognized the Commission on Audit for its participation in the Net Metering Program, a program through which electricity consumers with their own solar power installations can sell excess electricity they generate to their distribution utilities.
First, when it was initially introduced, the program suffered from a lack of attention on the part of the Aquino 3rd administration, which viewed renewable energy with deep skepticism as a matter of policy. Furthermore, for the first couple of years of the program's existence, prices for solar PV installations were still relatively high; the sharp decrease in their costs only began from 2018 onward.
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