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In the Philippines, Net Metering scheme is governed by Republic Act 9513 (Renewable Energy Act of 2008) and its implementing rules and regulation (IRR). The implementing body is the Energy Regulatory Commission (ERC) in consultation with the National Renewable Energy Board (NREB).
The Philippine government has passed four laws that seek to improve the state of renewable energy. These are the Electric Power Industry Reform Act of 2001 (RA 9136); the Biofuel Act of 2006 (RA 9367); the Renewable Energy Act of 2008 (RA 9513); and the Climate Change Act of 2009 (RA 9729).
An Act Amending Section 450 of Republic Act No. 7160, Otherwise Known as the Local Government Code of 1991, as Amended by Republic Act No. 9009, by Providing for the Requisites for the Conversion of a Municipality Into a Component City, and for Other Purposes April 10, 2022 [123] 11684 Mt. Arayat Protected Landscape Act April 8, 2022 [124] 11685
The Revised Fire Code of the Philippines of 2008, officially codified as Republic Act No. 9514, is a consolidation of Senate Bill No. 2553 and House Bill No. 4115, enacted and passed the Senate and the House of Representatives on October 6, 2008 and October 8, 2008, respectively.
He is particularly known for being the author of "Anti-Torture Act of 2009" (Republic Act No. 9749), the "Philippine Act on Crimes Against International Humanitarian Law, Genocide, and Other Crimes Against Humanity" (Republic Act No. 9851), and the "Renewable Energy Act of 2008" (RA 9513) as well as for his strong advocacy of the Freedom of ...
The New Government Procurement Act of 2024, officially designated as Republic Act No. 12009, is a Philippine law which prescribes the necessary rules to address the lack of transparency and competition in government procurement, eliminate collusion and interference, and lessen the delay in the procurement process by creating the Government Procurement Policy Board (GPPB) and PhilGEPs.
Conversely, if NPV shows a negative value, the project is expected to lose value. In essence, IRR signifies the rate of return attained when the NPV of the project reaches a neutral state, precisely at the point where NPV breaks even. [4] IRR accounts for the time preference of money and investments. A given return on investment received at a ...
This work is in the public domain in the Philippines and possibly other jurisdictions because it is a work created by an officer or employee of the Government of the Philippines or any of its subdivisions and instrumentalities, including government-owned and/or controlled corporations, as part of their regularly prescribed official duties ...