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ERC Suspends Renewable Energy Charge to Lower Power Bills for Consumers

The Energy Regulatory Commission halts the GEA-All rate for May and June to ease financial burdens.

MD

Mateo Dela Cruz

May 8, 20263 min read64 views
ERC Suspends Renewable Energy Charge to Lower Power Bills for Consumers
The ERC's decision aims to alleviate the financial burden on consumers amidst rising costs.
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The Energy Regulatory Commission (ERC) announced the suspension of the Green Energy Auction Allowance (GEA-All) collection for May and June, aiming to reduce electricity bills for consumers.

This decision eliminates the GEA-All charge of 37 centavos per kilowatt hour (kWh) for all electricity users.

The GEA-All fee supports renewable energy projects, including solar, wind, and hydro initiatives across the Philippines.

ERC Chair and CEO Francis Saturnino Juan explained that while the agency is committed to promoting cleaner energy, it recognizes the immediate financial challenges Filipino households face due to increasing prices.

This temporary suspension of the GEA-All collection is intended to provide additional relief to consumers while ensuring that renewable energy developers continue to receive the support provided under existing policies.

Francis Saturnino Juan, ERC Chair and CEO

The ERC stated that the current fund is sufficient to cover payments for qualified renewable energy projects.

This measure is part of the government's broader strategy to ensure sustainable energy while addressing immediate consumer needs.