Country:Philippines
Year:2012 (last updated 2015)
Policy status:In Force
Jurisdiction:National
Date Effective:2012 (last updated 2015)
Date Amended:

2015 - new solar PV rates were announced

Policy Type:Economic Instruments>Fiscal/financial incentives>Feed-in tariffs/premiums
Policy Target:Multiple RE Sources, Multiple RE Sources>Power, Hydropower, Wind, Bioenergy, Solar
Policy Sector:Electricity
Size of Plant Targeted:Small and Large
Agency:Energy Regulatory Commission
URL:http://www.erc.gov.ph/Issuances/Decision?pageIndex=6&displayYears=2012
URL:http://www.erc.gov.ph/pressrelease/ViewPressRelease/ERC-Approves-Feed-in-tariff-rates#
URL:http://webcache.googleusercontent.com/search?q=cache:sHoqxmw_in4J:www.erc.gov.ph/Files/Render/issuance/16712+&cd=3&hl=en&ct=clnk&gl=jp
Legal References:Decision, Energy Regulatory Commission Case No. 2011-006 RM
Description:

On 27th July 2012 Energy Regulatory Commission adopted with modification feed-in tariff levels for renewable energy electricity proposed by the National Renewable Energy Board in May 2011.

Energy Regulatory Commission Decision Case No. 2011-006 RM outlines that electricity generated by the renewable energy sources has:

  • a priority for grid connection;
  • a priority purchase; and
  • benefit from fixed tariff to be paid over a fixed period of time (no less than 12 years).

 

Feed-in tariff are as follow:

Renewable source

Period of time

Feed-in tariff rate in PhP/kWh

Degression rate

Installation targets in MW

Wind

20 years

8.53

0.5% after 2 years from affectivity of FIT

200

Biomass

6.63

0.5% after 2 years from affectivity of FIT

250

Solar

9.68

0.6% after 1 year from affectivity of FIT

50

Run-of-river hydropower

5.90

0.5% after 2 years from affectivity of FIT

250

Above feed-in tariff rates will be valid for new applications for a period of three years unless, installation capacity targets will be achieved before that time. Afterwards, FIT rates will be adjusted.

 

In order to download full, pdf version of the Decision, Energy Regulatory Commission Case No. 2011-006 RM please, PAMS_Philippines_FIT rates adopted mid 2012

Amended:

In 2014 FIT capacity cap for solar PV was increased from 50 MW to 500 MW. 

In 2015 feed-in tariff for solar PV was announced on the level of PhP 8.69/kWh. Tariffs for other renewable installations remain with no change. 

Feed-in tariff are as follow:

Renewable source

Period of time

Feed-in tariff rate in PhP/kWh

Degression rate

Installation targets in MW

Wind

20 years

8.53

0.5% after 2 years from affectivity of FIT

200

Biomass

6.63

0.5% after 2 years from affectivity of FIT

250

Solar

8.69

0.6% after 1 year from affectivity of FIT

500

Run-of-river hydropower

5.90

0.5% after 2 years from affectivity of FIT

250

 

Related policies:Feed-in Tariff Rules , Renewable Energy Act

Last modified: Wed, 15 Feb 2017 18:33:27 CET