It was hinted that the calculated reduction is at ₱0.04 per kilowatt-hour , based on a reported decision already being routed for the final approval of the Energy Regulatory Commission; as well as for the promulgation and signature of the Commissioners and ERC Chairperson Agnes T. Devanadera.
The FIT-All is the calculated per-kilowatt-hour charge being passed on in the consumers’ electric bills; and the collections being funneled through fund administrator National Transmission Corporation are subsequently paid to qualified renewable energy developers for their respective installations.
But given the leaner approved FIT-All charge to be issued by the ERC soon, the total amount of recoveries will also be down vis-à-vis the original estimates.
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