ERC: Solar projects certified as eligible for FIT up for review

THE Energy Regulatory Commission (ERC) will look into the process used by the Department of Energy (DoE) in arriving at the list of solar projects that it certified as eligible to receive a guaranteed rate of P8.69 for each kilowatt-hour it feeds into the national electricity grid.

“It’s an issue that needs to be resolved before we determine the next step,” ERC Chairman Jose Vicente B. Salazar told reporters on the sidelines of the 10th anniversary of the Wholesale Electricity Spot Market on Friday night.

“The next step would be for us to evaluate whether we will issue the CoC [certificate of compliance] … for the companies to whom they [DoE] have issued the CoE [certificate of eligibility],” Mr. Salazar said.

Read  more here.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s