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ERC sets final prices for 4th green energy auction

The Freeman

|

June 17, 2025

The Energy Regulatory Commission (ERC) has issued the final ceiling prices for the fourth round of the Green Energy Auction (GEA-4), which will offer 10,653 megawatts (MW) of renewable energy (RE) capacities.

In a resolution, the ERC set the green energy auction reserve (GEAR) price at P5.68 per kilowatt-hour (kWh) for ground-mounted solar, P4.4832 per kWh for rooftop solar, and P6.5258 per kWh for floating solar.

For other technologies, the commission set the GEAR price at P6.0859 per kWh for onshore wind and P5.4028 per kWh for solar systems equipped with energy storage.

The GEAR price serves as the maximum price in pesos per kWh that will be used as the basis for bid offers during the auction.

FLERE HISTORIER FRA The Freeman

The Freeman

LUCKY BLING

\"The best surprises don't wait in far-off places; they're hiding in yards, gardens, parks, even in the jumble of toys and galaxies at our feet.

time to read

2 mins

October 23, 2025

The Freeman

Council probes missing fees in night market operations

The Cebu City Council continues to dig deeper into the alleged irregularities involving the night market operations—this time, on its previous collections—where an executive session is being called to look into the operations of the former Colon Night Markets, specifically to determine why no special permit fees were collected by the City.

time to read

3 mins

October 23, 2025

The Freeman

Frasco eyes airport in Sogod but Pam tags it “ridiculous”

Frasco said the envisioned facility would serve as a backup to the Mactan-Cebu International Airport (MCIA) in the event it becomes inoperable due to natural disasters or emergencies.

time to read

3 mins

October 23, 2025

The Freeman

The Freeman

Thunder, Warriors triumph in NBA season-opener

Shai Gilgeous-Alexander scored 35 points as the Oklahoma City Thunder launched the defense of their NBA crown with a thrilling 125-124 triple-overtime victory over the Houston Rockets.

time to read

1 min

October 23, 2025

The Freeman

Visayan Electric reduces rate for residential clients

Residential customers of Visayan Electric can expect lower electricity bills this month, following a P1/kWh reduction in rates for the October-November billing cycle.

time to read

1 mins

October 23, 2025

The Freeman

CCENRO installs trash trap along Mahiga River

In a renewed push to safeguard Cebu City’s waterways, the Cebu City Environment and Natural Resources Office (CCENRO) have installed a new trash trap along Mahiga River, marking a strategic revival of the city’s river waste interception program.

time to read

1 mins

October 23, 2025

The Freeman

DepEd supports TBA Studios' historical film 'Quezon'

The Department of Education (DepEd) has expressed its support for TBA Studios' historical film “Quezon.”

time to read

1 min

October 23, 2025

The Freeman

The Freeman

Act on PhilHealth fund transfer case, SC urged

Former Bayan Muna representatives have asked the Supreme Court to immediately decide on consolidated petitions questioning the transfer of P89.9 billion in excess funds from the Philippine Health Insurance Corp. (PhilHealth) to the national treasury.

time to read

1 mins

October 23, 2025

The Freeman

'Stealth husband' of Japan's new PM vows quiet support

The spouse of Japan’s first woman Prime Minister Sanae Takaichi hopes to support her by being a “stealth husband”, cooking meals but staying out of the spotlight.

time to read

2 mins

October 23, 2025

The Freeman

City receives P4.4M as share from PCSO's lotto proceeds

The Philippine Charity Sweepstakes Office (PCSO) Cebu Branch has turned over P4,462,015.66 in lotto proceeds to the Cebu City Government, representing the city's share for two consecutive semesters.

time to read

1 min

October 23, 2025

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