ERC suspends collection of FIT-All for 3 months to ease consumers’ burden

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The Energy Regulatory Commission (ERC) has suspended the collection of the Feed-in Tariff Allowance (FIT-All) for three (3) billing months in a bid to ease the burden of consumers amid high inflation.

In its Resolution No. 12, series of 2022, the ERC approved the suspension of FIT-All collection starting December this year until February 2023.

“The Commission is sensitive to the impact of the rising level of inflation and cost of living to millions of Filipino households," said ERC chairperson Monalisa Dimalanta.

Source: Energy Industry News (energyindustrynews.net)

 

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