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Republic of the Philippines
Department of Energy
(Kagawaran ng Enerhiya)

BAGONG PILIPINAS

DEPARTMENT CIRCULAR NO. _0C <oZ 5—06- 0009 __

AMENDMENT TO DEPARTMENT CIRCULAR NO. DC2025-03-0004 inten,
PROVIDING THE REVISED GUIDELINES FOR THE GREEN ENERGY AUCTION
PROGRAM IN THE PHILIPPINES

WHEREAS, the Department of Energy (DOE) issued the Revised Guidelines for the
Green Energy Auction Program (GEAP) through Department Circular (DC) No.
DC2021-11-0036, or the “GEAP Guidelines;” on 03 November 2021:

WHEREAS, through the GEAP, DOE instituted a competitive process in the selection
of eligible renewable energy (RE) facilities entitled to the Feed-In Tariff (FIT);

WHEREAS, under the GEAP, the FIT to be paid to the selected eligible RE facilities
is fixed based on the price (in PhP/kWh) of the Winning Bidder’s offered capacity in a
Green Energy Auction, known as the “Green Energy Tariff’ (GET);

WHEREAS, the DOE amended the GEAP Guidelines through: (a) DC No. DC2023-
09-0027 which clarifies that the GET of a Winning Bidder is equivalent to the FIT that
shall be paid from the FIT Allowance (FIT-All) Fund; and (b) DC No. DC2025-03-0004
which provides that the GET resulting from auctions under the GEAP shall be subject
to indexation as may be determined by the Energy Regulatory Commission (ERC) in
accordance with the FIT Rules, among others;

WHEREAS, there is a need to clarify the indexation as provided in DC No. DC2025-
03-0004;

NOW, THEREFORE, pursuant to its authority under Republic Act No. 9513, or the
Renewable Energy Act of 2008, the DOE hereby adopts, issues, and promulgates the
following amendments to the GEAP Guidelines:

Section 1. Section 16 of the GEAP Guidelines is hereby further amended to read as
follows:

“16. Adoption of Certain Provisions in the FIT Rules. The GEA adopts
the Regulatory Framework and Administration of FITs provided under
Resolution No. 16, Series of 2010 (FIT Rules), issued by the ERC.
However, the GEA pricing mechanism and indexation shall be
governed by Sections 8 and 17, respectively, of this Circular. As
such, other entities involved in the implementation of the FIT shall
continue to discharge their responsibilities as set forth in the FIT Rules
with respect to each auction round.”

Energy Center, Rizal Drive cor. 34th Street, Bonifacio Global City, Taguig City, Philippines 1632
Tel. No. (Trunkline) (+632) 8479-2900
Website: www.doe.gov.ph; E-mail: infocenter@doe.gov.ph
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DC on Amendment to DC No. DC2025-03-0004 titled “Providing the Revised Guidelines for the Green
Energy Auction Program in the Philippines”

Page 2 of 2

Section 2. A new provision in the GEAP Guidelines is hereby inserted as Section 17,
which states:

“17. Adjustment to the GETs. The GET of a Winning Bidder resulting
from an Auction Proper conducted after the effectivity of this
amendment to the GEAP Guidelines shall include indexation. In such
determination, the ERC shall employ a formula for indexation and a
streamlined procedure for the implementation of such adjustment, as
may be allowed under applicable laws, rules and regulations:
Provided, That, notwithstanding the FIT Rules and other provisions of
this Circular to the contrary, the GET of a Winning Bidder shall be
adjusted for indexation only once, entitlement to which shall be begin
at any time between the issuance of the Certificate of Award and the
commencement of commercial operations of the Winning Bidder’s RE
Facility.”

Section 3. Separability Clause. If any provision of this Circular is declared invalid or
unconstitutional, the other provisions not affected thereby shall remain valid and
subsisting.

Section 4. Repealing Clause. All previous issuances, rules, and regulations
inconsistent with this Circular are hereby repealed, amended, or modified accordingly.

Section 5. Effectivity. This Circular shall take effect fifteen (15) days following its
complete publication in at least two (2) newspapers of general circulation and shall
remain in effect until otherwise revoked. A copy of this Circular shall be filed with the
University of the Philippines Law Center - Office of the National Administrative

Register.
Issued this JUN 0 9 ann at the DOE, Energy Center, Rizal Drive, cor.
34" Street, Bonifacio Global City, Taguig City.

RAPHAEL P.M. LOTILLA
Secretary