The Department of Energy (“DOE”), in the revised Guidelines for the Green Energy Auction Program (“GEAP”) under Department Circular (“DC”) No. DC2021-11-0036, instituted a competitive process in the selection of eligible renewable energy (“RE”) facilities entitled to the Feed-In Tariff Allowance (“FIT-All”) Fund. However, under the GEAP, the Feed-In Tariff (“FIT”) to be paid to the selected eligible RE facilities is fixed based on the price (in PHP/kWh) of the winning bidder’s offered capacity in Green Energy Auction or the Green Energy Tariff (“GET”).
On 26 September 2023, the DOE issued DC No. DC2023-09-0027 to amend Section 9.13 of the GEAP Guidelines to clarify that the GET is the same as the FIT and is not a separate and distinct charge or imposition against the FIT-All Fund.
Section 9.13 of the GEAP Guidelines now reads as follows:
“9.13. Post-Auction Procedures. After securing a COE-GET, the Winning Bidder/s shall comply with the procedures outlined in ERC Resolution No. 16, Series of 2014. For purposes of securing a Certificate of Compliance from the ERC, the COE-GET shall be considered, interpreted, and accepted as the same Certificate of Endorsement for FIT Eligibility issued by the DOE under Fit. In the availment of the FIT-All Fund, the GET of a Winning Bidder shall be considered, interpreted, and accepted as the FIT.”