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Feed-In Tariff (FIT) Advisory

 

ADVISORY

To : All Hydropower Developers and Energy Stakeholders

Date : December 23, 2020

Subject : Extension of the Feed-In Tariff (FIT) System for Run-Of-River (ROR) Hydropwer


Pursuant to Section 7 of Republic Act No. 9513, the FIT System was established where the DOE, in its Resolution dated 28 May 2011, prescribed a total of 250MW installation target for ROR hydropower for the next three (3) years.

Department Circular No. DC2020-11-0024

WHEREAS, Article XII, Section 2 of the 1987 Philippine Constitution provides that all forces of potential energy and other natural resources within the Philippine territory belong to the State, thus the exploration, development and utilization shall be under the full control and supervision of the State.

Published on two (2) newspaper : The Daily Tribune and Business World on th 14th and 21st of December 2020.

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