TransCo has submitted a request to the Energy Regulatory Commission to raise the feed‑in tariff allowance (FIT‑All) for the 2027 electricity billing cycle. The proposal would increase the charge from P0.2011 to P0.2154 per kilowatt‑hour.
The FIT‑All is a uniform fee collected from on‑grid consumers to subsidise renewable‑energy projects that meet eligibility criteria. TransCo administers the collection process and files annual rate applications with the commission.
In its submission, TransCo highlighted that the proposed increase reflects higher funding needs for the feed‑in tariff differential and the working‑capital allowance. The estimated annual revenue required for the FIT‑All Fund in 2027 is P25.12 billion.
The feed‑in tariff differential, which bridges the gap between fixed payments to renewable‑energy developers and spot‑market prices, would comprise 87.29% of the new rate, or P0.1880 per kilowatt‑hour. The working‑capital allowance, intended to cover delays or defaults in collections, would account for 12.61% of the rate, or P0.0272 per kilowatt‑hour.
TransCo cautioned that a delay in approving the new rate could result in a shortfall in the FIT‑All Fund, potentially preventing timely or full payments to eligible renewable‑energy plants. The company also noted that any delayed or partial payments would incur interest, ultimately adding charges to end‑users.
