THE Energy Regulatory Commission (ERC) said that consumers may see a possible increase in electricity rates due to the lifting of the suspension of Feed-in Tariff Allowance (FIT-All) collection, which has been in place since November 2022.

According to the ERC, based on their resolution, they lifted the suspension on the collection of FIT-All.

It is expected to be reflected on February.

According to the FIT-All is a uniform charge imposed on all on-grid electricity consumers, and is a component of the electricity bill, that ensures the development and promotion of renewable energy (RE) in the country.

Currently the prevailing FIT-All rate is at P0.0364 per kWh.

It will be recalled that the lifting of the suspension of FIT-All collection would mean an additional of P0.0364 per kWh, which could translate to an increment of about P7.28 in the monthly bills of typical households consuming 200 kilowatt-hours.

“In view of this, the Commission resolved to approve and adopt the lifting of the suspension and to resume the collection of the FIT-All charges,” the ERC said.