ERC Formally Launches the Amended Net-Metering Rules in Sto. Tomas, Batangas
The Energy Regulatory Commission (ERC) formally launched the government’s Net-Metering Program in Sto. Tomas, Batangas on 29 October 2019. The launching was held at Via Verde, the country’s first solar-powered mass housing community. “These solar-powered homes mark the dawning of a new trend in mass housing as it combines world-class technology and affordability. To top it all, these eco-friendly homes goes with up to 100 years of warranty on the panel system”
, ERC Chairperson and CEO Agnes VST Devanadera announced.
The ERC recently promulgated the amendments to the Rules Enabling the Net-Metering Program for Renewable Energy (“Net-Metering Rules” for brevity). Under the Net-Metering Program, an ordinary electricity consumer can become a “prosumer” that can generate electricity for its own consumption while any excess generation can be sold to the distribution grid.
The Amended Net-Metering Rules, included provisions that works for the benefit of prosumers or Qualified End-User which includes a simplified permitting procedure and reduced installation soft costs for renewable energy facilities. The Distribution Impact Study (DIS) fee and other related soft costs were also removed in order to encourage participation from end-users.
The ERC deemed it appropriate to hold the launching of the Amended Net-Metering Rules at Via Verde as the home models thereat is the country’s first recipients of Excellence in Design for Greater Efficiencies (EDGE) Certificate given by the World Bank’s International Finance Corporation (IFC) for meeting the global standards for Green Building. Via Verde’s homeowners have the advantage of having lower electricity bills than those living in Metro Manila due to the solar panels installed on their rooftops. In addition, since it is solar energy that is being tapped, it is also environment-friendly as it does not require any fuel to be generated, which will contribute to the significant reduction of harmful greenhouse gas emissions.“The ERC’s Amended Net-Metering Rules aims to empower the consumers by enabling them to produce their own electricity and, thereby, pay lower electricity bills to their electricity provider. We encourage home builders to emulate this Via Verde community which combines renewable and state-of-the-art technologies at an affordable price”
, ERC Chair Devanadera concluded.