The Manila Times

Business

  Home  

  About Us  

  Contact Us 

  Subscribe     Advertise  
  Archives     Feedback  

  Register  

  Help  

  Top Stories

  Metro

  Business

  Regions

  Opinion

  World

  Life & Times

  Sports

 

Wednesday, July 02, 2008

 

Source electricity from grid, Meralco prods self-generating industries

 
MANILA Electric Co. (Meralco) is urging self-generating industries to source their electricity from the grid and its residential customers to avail of its time-of-use (TOU) rates to help reduce the cost of power in the country.

Jesus Fransisco, Meralco president and chief operating officer, said that bringing back self-generating businesses into the grid would lessen the cost of electricity in the country as this would help power generators balance their load.

“We’re encouraging those self-generating to go back to the grid. In the 1970’s, our industrial users are around 38 percent. Now we’ve dropped to 29 percent. It is a loss of off-peak demand,” he said.

Power generators and utilities are pining for an increase in off-peak demand, or electricity use during hours of the day when demand is low, so as to spread the operations of expensive-running power plants.

Because of low off-peak demand in the country, these plants are relegated mostly to running during hours when demand for electricity is high, causing power rates to spike.

The Meralco official said that the country’s largest distribution utility started to lose its industrial customers in the 90’s when brownouts became a common fixture in the country because of the lack of power supply. Big businesses then resorted to buying generators to sustain their operations.

However, with prices of oil and coal recently on the upswing, “grid rates now are much attractive than self generation,” Francisco said.

A number of companies have already expressed interest in sourcing their electricity from the grid, including the country’s biggest ceramic tile manufacturer Mariwasa, Inc., he said.

Besides large businesses, Fransisco urged Meralco’s residential customers consuming at least 1,000 kilowatts of electricity per month to avail of its TOU rates to jack up off-peak demand.

Under this scheme, customers’ electricity rates during hours when demand is low are lower.

Although consumers can lower their electricity bills by simply shifting their electricity use through Meralco’s TOU rates, Francisco said that only a handful—at around 1,000 households—have availed of the scheme.

He said Meralco’s customers qualified for its TOU rates should consider the scheme as the meter for this is free of charge. Also, the first few weeks under the scheme will not be charged so as to help its customers see how it would affect their bills.
-- Euan Paulo C. Añonuevo

  
 

Manila Times Friends

Phgifts

philflora.gif

Sponsored Links
 

Back To Top

Severino O. Frayna Jr., Benjie Dela Rosa
Powered by: 
The Manila Times Web Admin

 

Home | About Us | Contact | Subscribe | Advertise | Feedback | Archives | Help

  Copyright (c) 2001 The Manila Times | Terms of Service
The Manila Times Publishing Corp. All rights reserved.

Hosted by: