Cusi to halt FiT scheme for solar power plants

THE second round of feed-in-tariff (FiT) rates for solar energy will be the last, Energy Secretary Alfonso G. Cusi said, noting that the monthly “allowance” collected from consumers to pay for solar projects has become a burden.

“That’s enough of the FiT for solar,” he said, when asked whether the Department of Energy (DoE) will back a new round of installation target for renewable energy technologies such as solar.

“As long as I don’t violate anything, I will stop the FiT,” he added.

He said he had yet to meet with Jose M. Layug, Jr., who chairs the National Renewable Energy Board (NREB), to discuss the issue. He confirmed that Mr. Layug had received his formal appointment to the post last month.

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