Feed-In Tariff for Electricity Generated from Biomass, Ocean, Run-of-River Hydropower, Solar and Wind Energy Resources
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,
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