Lumaktaw sa pangunahing content

Power rates seen to drop in Feb

Customers may see a reduction in their power bills for February after the Manila Electric Co. (Meralco) hinted at lowering rates.

In a message to reporters on Thursday, Meralco spokesman Joe Zaldarriaga said “the initial data suggests that the generation costs for February have a very strong likelihood of a decrease due to higher demand in the Luzon grid in January, as compared to December.”

“With Luzon peak demand in January increasing compared to December 2020, this swing in demand means that the fixed costs from power suppliers may be spread over higher energy volume, resulting in lower effective rates to consumers, compared to last month,” he added.

The official also said Meralco was still waiting for the final billings from the various power suppliers, adding that the company aimed to announce rates early next month.

This came after the power distributor increased them by P0.2744 per kilowatt-hour (kWh), which translates to an additional P55 in the total bill of households consuming 200 kWh monthly.

Zaldarriaga’s remarks came as the Independent Electricity Market Operator of the Philippines Inc. (Iemop), which operates the Wholesale Electricity Spot Market, said power demand in Luzon and the Visayas were seen to pick up in the next few months.

In a virtual briefing, Iemop said it anticipated a demand growth rate of 5 percent between February and June, assuming that some power plants with a total capacity of 2,500 megawatts (MW) would be on outage.

We applied the 5 percent from last year’s peak demand of around 11,200 MW, so we expect peak demand to reach 11,847 MW in March, John Paul Grayda, Iemop manager for pricing validation and analysis, said in Taglish.

If the government decides to relax other quarantine protocols, electricity demand may increase. Historically, during summer months, energy requirements in Luzon and the Visayas are usually higher, he added.

Grayda however, said demand was not expected to peak the most at 12,611 MW until mid-2021.

Peak demand in the two island groups reached 12,611 MW in June, lower than the year-earlier’s 13,450 MW, according to Iemop data.


Source: ManilaTimes
Mga etiketa:

Mga Komento

Mag-post ng isang Komento

Mga sikat na post sa blog na ito

Leonen is backlog topnotcher

Supreme Court Associate Justice Marvic Mario Victor Leonen has racked up the top spots in his division and the court en banc in terms of pending cases. Marvic Leonen Documents from the court show that aside from 82 unresolved en banc cases, Leonen also has 899 pending cases in the Third Division as of March 31, 2020. The division’s Statistics on Judicial Pending Cases was signed by Division Clerk of Court Misael Domingo Battung erd. Leonen has 199 cases classified as “aging” and 700 “non-aging” cases in the Third Division which he heads. Non-aging cases are cases which are waiting for other pleadings to be submitted. Other members of the Third Division at that time when the statistics were made were Justices Alexander Gesmundo, Rosmari Carandang, Rodil Zalameda and Samuel Gaerlan. Leonen has been with the Supreme Court for eight years, having been appointed by President Benigno Aquino 3rd on Nov. 21, 2012. He turns 58 years old on December 29. He is the division’s m...
Mag-post ng isang Komento
Magbasa nang higit pa

NHL exec Colin Campbell explains league’s schedule goals in Canada

NHL senior executive vice president Colin Campbell says the league would like to try to preserve as many full-capacity home games as possible for Canadian fans, but acknowledges other factors are at play in redoing the schedule during the current COVID-19 surge. “You’d like to give the fans the opportunity to go to as many games as they can. They’ve already been shortchanged in the last year and a half … shortchanged completely watching hockey here in Canada,” Campbell said in an interview on the Real Kyper and Bourne show on Sportsnet 590 The Fan on Friday. “It’s a rite of passage to watch the world juniors this time of year for all young kids. I remember growing up watching it. Now, it’s cancelled. We’re trying to save as much as we can and delay it.” The NHL postponed nine more games on Friday because of arena capacity issues in Canada — with teams being allowed anywhere from zero fans (Montreal Canadiens) to 50 per cent capacity (Calgary Flames, Edmonton Oilers, Vancouver Can...
Mag-post ng isang Komento
Magbasa nang higit pa

SMC, Animal Kingdom rescue abandoned animals in Taliptip, Bulakan

Domestic animals that were abandoned in Barangay Taliptip in Bukakan, Bulacan were rescued by San Miguel Corporation (SMC) and Animal Kingdom AFTER providing new homes for former residents of Barangay Taliptip in Bulakan, Bulacan — future site of its P740-billion Manila International Airport project — San Miguel Corporation (SMC) is now helping rescue and relocate domestic animals that were abandoned in the area. SMC and animal welfare organization Animal Kingdom Foundation (AKF) have been working together to rescue some 70 abandoned or stray animals, mostly dogs, left at the site. Animal Kingdom is a non-profit, non-government organization dedicated to improving the welfare and living conditions of animals and eliminating the cruel trade of dog meat for human consumption in the country. Some 50 animals, consisting of dogs and cats, have been rescued. At least 20 more are set to be rescued from different sitios in the coming days. The rescued animals are brought to Animal Kingdo...
Mag-post ng isang Komento
Magbasa nang higit pa