2014 Power Supply Outlook
Last December 2013, ILPI successfully renewed its Energy Assignment Agreement with Treasure Steel Corporation (TSC). The Agreement took effect last December 28, 2013 and will be terminated on March 25, 2014.
With this Agreement, ILPI's contracted capacity from the Power Sector Assets and Liabilities Management (PSALM) has increased by 16.02 MW for January, 11.83 MW for February, and 11.98 MW for March.
ILPI's total contracted capacity is higher than the projected requirements in the first quarter of 2014, thus, under normal conditions and regular operations of generators (PSALM and MPC), Iligan City will be spared from any rotating brownouts caused by the existing power supply deficiency in the Mindanao Grid.
However, it should be noted that starting February 2014, ILPI will be drawing more power from MPC, a diesel-fired power plant, due to a lower allocation from PSALM. As a result, ILPI's generation rate is expected to increase effective March 2014 billing period.
DUs to Implement UC-ME Rate of PhP0.1561/kWh
Pursuant to Energy Regulatory Commission (ERC) Decision dated August 12, 2013 covering ERC Case No. 2012-085 RC and ERC Decision dated October 10, 2013 covering ERC Case No. 2012-046 RC, the Honorable Commission has directed all Distribution Utilities (DUs) and the National Grid Corporation of the Philippines (NGCP) to:
a) collect from the consumers the additional Universal Charge – Missionary Electrification (UC-ME) charge of PhP0.0381/kWh until such time that the amount of PhP2,565,750,319.78 shall have been collected;
b) extend the collection of PhP0.0709/kWh from the consumers, on top of the existing UC-ME rate of PhP0.0454/kWh, until such time that the full amount of PhP4,650,702,389.76 shall have been collected; and
c) collect the Cash Incentive for Renewable Energy Developer of PhP0.0017/kWh, starting January 2014 billing period and thereafter, to remit the same to the Power Sector Assets and Liabilities Management.
With these, the total UC-ME Charge will now be PhP0.1561/kWh.
Illnesses can be dreaded if discovered too late. But not for quite a number of patients that Iligan Light and Power, Inc. (ILPI) attended to in a medical and dental check-up activity last December 1, 2013 at Barangay Tipanoy, Iligan City.
The said activity was conducted by ILPI in partnership with the National Grid Corporation of the Philippines' (NGCP) Corporate Affairs Department represented by Ms. Lorraine Clavano and Ms. Mae Curiano. Close to 200 residents coming from the different sitios of the barangay availed of the services offered.
"I am happy that they conducted this medical mission. I can have a medical check-up at no cost," one of the residents who availed of the services said.
As online businesses are becoming more and more popular, Iligan Light and Power, Inc. (ILPI) has recognized that consumers are now looking for easier and faster ways to conduct their transactions. This development has prompted the Company to provide more payment options for the customers, enabling them to conveniently pay their electric bills in the comfort of their homes without the need to queue.