GEA-All suspension extended for two more months

MANILA, Philippines – The Energy Regulatory Commission (ERC) will extend the suspension of the Green Energy Auction Allowance (GEA-All) collection through the July and August billing periods, an official said Thursday.

“Just yesterday, the commission approved the extension of the suspension for another two months,” ERC director Sharon Montañer said during The Energy Tightrope forum presented by Inquirer Group of Companies and Asia ESG Positive Impact Consortium.

READ: Renewable energy charge suspended to cut power bills

In May, power regulators suspended the collection of the 37-centavo-per-kWh charge for all consumers to ease the impact of high electricity costs.

The GEA-All charge funds renewable energy projects, including solar, wind and hydro facilities across the Philippines. This supports the government’s green power auction program, designed to entice more investments in the sector. /pai INQ