The Effect of Electricity Tariffs on the Adoption of Electric Vehicles in the Philippines
The shift towards electric vehicles (EVs) is gathering momentum globally, and the Philippines is no exception to this trend. With growing environmental concerns and advancements in technology, the adoption of EVs is seen as a necessary step towards sustainable transportation. However, a crucial aspect influencing this transition is the electricity tariff structure within the country. This article explores how electricity tariffs in the Philippines affect the adoption of electric vehicles, assessing how utility pricing impacts consumer behavior and the broader implications for the nation’s energy and transportation policies. Understanding Electricity Tariffs in the Philippines Electricity tariffs are the prices that consumers pay for electrical energy. In the Philippines, the energy sector has undergone significant reforms aiming to promote competition, enhance