DOE triples payouts for power host communities

The Department of Energy (DOE) has significantly increased the financial benefits for host communities of energy projects, aiming to ensure they share more substantially in the gains of energy development.

- By GABRIELL CHRISTEL GALANG

In a statement on Wednesday, Oct. 22, the Department of Energy (DOE) announced the increase in financial benefits under the Energy Regulation Program No. 1-94 (ER 1-94), raising it from P0.01 to P0.03 per kilowatt-hour (kWh) of electricity generated and sold.

This will also raise the host communities’ share from P0.005 to P0.025, which is said to be five times larger than before.