Jay Layug (Atty. Jose M. Layug Jr.) is a Senior Partner at DivinaLaw and co-head of its Power, Electric Utilities and Energy practice; former Philippine DOE Undersecretary and former Chairman of the National Renewable Energy Board.
You know, and I recall when we started the feed-in tariff, you know, in 2014, um, and finally integrated into the system, your electricity rates went down by 1 peso 50 cents.
Um, and then we ex- sh- we should expect to happen again, you know, to see that with your GEAR, you know, your Green Energy Auction, because now they would displace more fossil fuels with cheaper solar and wind.
Uh, one of the data, one data that is not released, noh, uh, publicly is how much has all these renewables, have all these renewables contributed to lowering the price of electricity, noh.
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