The Energy Regulatory Commission (ERC) has granted a certificate of compliance to the Burgos Wind Project of the Energy Development Corp (EDC), which will entitle the company to charge a feed-in tariff rate of P8.53 per kilowatt-hour for 20 years.
EDC said in a disclosure to the Philippine Stock Exchange ERC issued the certificate on April 14 for its Burgos Wind Power Project – Phase 1 and 2, which would boost the Luzon Grid with 150 megawatt of clean reliable power and address the power shortage in Luzon and Visayas.
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