Power rates will go up by as much as 4 centavos per kilowatthour next year. This was announced by Energy Regulatory Commission (ERC) Executive Director Saturnino Juan after the ERC approved the feed-in-tariff allowance or “fit-all”  for renewable energy projects. The so-called fit-all is given to renewable energy players as incentive to invest in more expensive sectors. The renewable energy players are solar, wind, biomass and hydropower companies. Under the “fit-all” system, renewable energy companies […]