Renewable energy charge suspended to cut power bills

MANILA, Philippines – The Energy Regulatory Commission (ERC) has suspended the collection of the Green Energy Auction Allowance (GEA-All) for the May and June power billing periods to reduce electricity charges. In a statement on Friday, the commission said it halted collection of the GEA-All rate of 37 centavos per kilowatt hour (kWh for all power consumers. The GEA-All charge is meant to finance renewable energy projects, such as solar, wind and hydro across the Philippines. The Green Energy Auction Program aims to encourage more investments in the sector. READ: Consumers to pay extra for renewable energy ERC said the […]...

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