ERC: EV-to-grid rules on target this year

Electric vehicle (EV) owners may soon sell electricity back to the grid and earn credits on their power bills, with the regulatory framework enabling the move potentially out this year.

- By BRIX LELIS

The Energy Regulatory Commission (ERC) is developing a vehicle-to-grid framework that will allow EVs to drive green mobility on national roads while reinforcing the country’s electrical superhighway.

“We're hoping to come up with the rules this year,” ERC director for market operations service Sharon Montafier said on the sidelines of a BusinessWorld forum, noting that the guidelines would still undergo public consultation before promulgation.

While details are not yet final, Montafier said the framework could follow a model similar to net metering, which enables consumers to export excess electricity from renewable energy systems to offset their power bills.