“Let us start in the community, and hopefully the equipment in the city will be run by renewable energy in the proper time,” Elipe said.
News Wire (EMD); Matrix Consortium; Philippines; A LEGISLATOR in Cagayan de Oro is mulling an ordinance involving “green projects” that would generate tax incentives, and at the same time save the deteriorating environment.
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By Nicole J. Managbanag
Friday, July 13, 2012
A LEGISLATOR in Cagayan de Oro is mulling an ordinance involving “green projects” that would generate tax incentives, and at the same time save the deteriorating environment.
Councilor President Elipe said the City Government would consider the proposal of the Matrix Consortium Community Support Services Group for a solar energy project, a renewable energy source for power with no study of negative effects to nature.
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In the Philippines, the FIT price is to be paid for by monies collected from consumers (the power distributor collects these monies when it bills the end-user, and passes them on to the operator of the transmission grid, who in turn pays the new power producer). The FIT is therefore a subsidy scheme expressly paid for by consumers. The consumers will see their contribution to the financing of the FIT scheme through an item in their bill called the FIT-Allowance (FIT-All).
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