Renewable energy delivers nearly twice the FIT-ALL rate in lower electricity costs
QUEZON CITY, 26 August 2026 –– Renewable energy projects supported through the Feed-in-Tariff (FIT) mechanism have reduced electricity bills by Php 0.3916/kWh* across 2024-2025, almost twice the recently elevated FIT Allowance (FIT-All) rate of Php 0.2073/kWh, according to a new analysis by the Institute for Climate and Sustainable Cities (ICSC). At the system level, FIT-supported renewable energy generated an estimated ₱99.2 billion in wholesale electricity market savings in 2024 and 2025 alone. That two-year amount is already equivalent to nearly half of the ₱220.5 billion consumers have paid through FIT-ALL over the roughly 11 years since collections began in [...]
Generation costs still dominate electricity prices despite FIT-ALL charges
Quezon City, August 6, 2026 — Power generation costs continue to account for the largest share of consumers’ monthly electricity bills, significantly outweighing Feed-in-Tariff Allowance (FIT-ALL) and Green Energy Auction Allowance (GEA-ALL), according to the latest analysis by the Institute for Climate and Sustainable Cities (ICSC). ICSC’s analysis of data from PRESYO-PH found that generation charges accounted for an average of 57% of residential electricity rates in July, equivalent to PHP 7.28 per kilowatt-hour– a 10% spike from June. Across 102 on-grid distribution utilities (DUs) and electric cooperatives (ECs) with available data, the average residential electricity rate increased by [...]