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 [...]