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Incentives for renewable energy developers
Mario Marasigan, assistant director of Department of Energy, said during his presentation in Tiwi, Albay said that the use of renewable energy could lower power rates. Marasigan said fiscal and non-fiscal incentives for projects under the Renewable Energy (RE) Act could help reduce electricity rates. The Energy Regulatory Commission (ERC) would see to it that the benefits of the RE law trickle down to the consumers, assured Marasigan. “It’s the role of the ERC. The reduction will definitely b







