• Meralco generation charge up in April

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    Manila Electric Co. (Meralco) generation charge will increase by 46 centavos per kilowatt-hour (kWh) in the April bills because of the shutdown of the Malampaya natural gas facility, according to an official of the Lopez-owned utility.

    ”The Malampaya shutdown will affect generation charge cost to go up in April bills by 46 centavos per kWh and 72 centavos per kWh in May,” Larry Fernandez, Meralco vice president and Economics Utility head, said on Tuesday at the sidelines of the Media Training Agenda held at the Astoria Plaza Hotel in Pasig City (Metro Manila).

    Fernandez added that the bigger bills will cover the March 15-25 cutoff, while another 72 centavos per kWh will be charged for April.

    He said the generation charge might still move along foreign exchange gains or losses and occurrence of forced outages.

    Fernandez added that the transmission charge has not been included in the increase in the generation charge because it will still have to be computed by the National Grid Corporation of the Philippines (NGCP).

    Meralco has contracted 500 megawatts (MW) of capacity for the summer months from pending Interim Power Supply Agreements (IPSAs) with Limay, Bauang, Therma South Inc., Toledo, Panay, Therma Mobile and Bacman.

    Aside from the 500 MW IPSA capacity, the utility and the Retail Electricity Suppliers Association have ensured a deloading capacity of 855.91 MW from 253 Interruptible Load Program (ILP) participants as of March 16.

    Fernandez assured that the ILP and the deloading of capacity through the use of generator sets are well coordinated.

    PNA

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