WHEREAS, Republic Act No. (RA) 7638 or the "Department of Energy (DOE) Act of 1992" declares as a policy of State, among others, to ensure a continuous, adequate, and economic supply of energy through the integrated and intensive exploration, production, management, and development of the country's indigenous energy resources;
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WHEREAS, Section 2(b) of Republic Act No. 9513, Renewable Energy Act of 2008 (the "RE Law") provides the State policy to increase the development and utilization of renewable energy by promoting its efficient and cost-effective commercial applications through the provisions of fiscal and non fiscal incentives.
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