Laban Konsyumer Inc. president Victorio Mario Dimagiba met with Energy Regulatory Commission Chair Agnes Devanadera on Monday to push once again for an immediate action against the feed-in-tariff allowance being charged to consumers’ electric bills, which are burdening consumers with high prices.
The group explained the urgency of the issue, saying “FIT-All is collected from electric consumers nationwide and is used to subsidize payments to select RE developers.”
“But what is alarming though is that FIT-All has increased more than sixfold from 4c/kWh in 2015 to 25c/kWh starting June 2018. There are even pending petitions to further increase this to as much as 29c/kWh. We met with ERC to put a stop to this unjust and overpriced component of consumers’ electricity bills,” said Dimagiba
He reiterated his recent concerns regarding Fit-All in the past months, noting that “the FIT-All Rate petitions are the only cases where the Commission grants a rate that is higher than what was asked by the petitioners.
