Philhydro Association Inc. is seeking approval from the Energy Department to complete the 250-megawatt installation target for hydro, saying the impact to consumers is very minimal.
Philhydro president Jose Silvestre Natividad said the impact of allowing the extension of the feed-in tariff for hydro is just P0.01034 per kilowatt-hour to the feed-in tariff allowance (Fit-All) item under the power bill by 2020.
The association sent letters of appeal to Energy Secretary Alfonso Cusi and Senator Sherwin Gatchalian, head of the committee on energy.
Natividad asked Cusi to consider the position of the association as submitted to the National Renewable Energy Board.
The FIT for hydro is set to expire by December 31, 2017. The department has not endorsed an extension to the Energy Regulatory Commission, raising concern from developers because of projects due for completion after December 2017.
Natividad asked for a clarification, citing that the installation target had not been fully subscribed “due to factors beyond developers’ control.”