RENEWABLE ENERGY (RE) producer ACEN Corp. is pushing to lower the brink under the federal government\u2019s green energy option program (GEOP) to permit more households, including lower-income consumers, to access clean power.<\/p>\n
\u201cI\u2019m really hopeful that this administration leadership will probably be the one liable for democratizing renewables and making them available to households,\u201d ACEN President and Chief Executive Officer Eric T. Francia told reporters on Wednesday.<\/span><\/p>\n Launched in 2021, GEOP allows eligible consumers with a monthly average peak demand of 100 kilowatts (kW) to source 100% renewable energy from a preferred supplier.<\/span><\/p>\n The Department of Energy has moved to revise the principles governing GEOP and is about to lower the brink to 50 kW, which might broaden eligibility beyond larger consumers.<\/span><\/p>\n \u201cThat\u2019s the golden opportunity now, that the Department of Energy has set the framework for beginning to lower the GEOP threshold and for the secretary of Energy now having the authority to declare when this is able to go right down to the household level,\u201d Mr. Francia said.<\/span><\/p>\n He said further reductions in the brink would expand the market and encourage industry players to take a position in additional capability to fulfill rising demand for renewable energy.<\/p>\n Mr. Francia said ACEN plans to construct on the GEOP segment, aligning with the Electric Power Industry Reform Act, which lets consumers select their electricity supplier.<\/span><\/p>\n ACEN, the listed energy platform of Ayala Corp., is lively in renewable energy generation and retail electricity supply.<\/p>\n Through its retail electricity supply unit ACEN RES, the group has maintained a number one position within the retail renewable energy marketplace for three straight years, in response to the Philippine Electricity Market Corp.<\/span><\/p>\n Its share amongst end-users rose from 36% in 2022 to 65% in 2025, reflecting growth in its customer base and provide volumes.<\/span><\/p>\n Mr. Francia said expanding GEOP access would help speed up household participation in renewable energy adoption, particularly amongst consumers in search of alternatives to traditional power sources.<\/span><\/p>\n \u201cIn case you want renewables to be taken advantage of by households, especially lower-income households, it\u2019s best to only open the GEOP to all households,\u201d he said. \u2014 Sheldeen Joy Talavera<\/b><\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" RENEWABLE ENERGY (RE) producer ACEN Corp. is pushing to lower the brink under the federal government\u2019s green energy option program (GEOP) to permit more households, including lower-income consumers, to access clean power. \u201cI\u2019m really hopeful that this administration leadership will probably be the one liable for democratizing renewables and making them available to households,\u201d ACEN […]<\/p>\n","protected":false},"author":1,"featured_media":317014,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[4290,18727,4857,4938,1137,20979],"class_list":["post-317013","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-access","tag-acen","tag-expand","tag-household","tag-pushes","tag-threshold"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/317013","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/comments?post=317013"}],"version-history":[{"count":2,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/317013\/revisions"}],"predecessor-version":[{"id":317016,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/317013\/revisions\/317016"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/media\/317014"}],"wp:attachment":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/media?parent=317013"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/categories?post=317013"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/tags?post=317013"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}