MERALCO October 2013 rates

October 2013 MERALCO rate

The October generation cost for Meralco is pegged at Php4.68 per kW-hr across all consumption level (50-5000 kW-hr) or a cost reduction of 10% from September generation cost of Php5.1747 per kW-hr

Graph 1:  2011 to 2013 the cost for 300 kW-hr for the month of October

Graph 2: Annual electricity rate as of October 2013 for all level (50-5000 kW-hr)

Graph 3: Monthly electricity rate for 300 kW-hr level from January to October

Source: Meralco website

http://www.meralco.com.ph/customer/page-cusCare-billRates.html#

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Installation of solar panels in universities planned

Installation of solar panels in universities planned
Source: Business World.
http://www.bworldonline.com/content.php?section=Nation&title=Installation-of-solar-panels-in-universities-planned&id=77243

THE ENERGY department is looking at the possible implementation of solar rooftop power generation to some 10,000 schools across the country through the installation of at least 100-kilowatt (kW) solar panels, an official told reporters yesterday.
Mario C. Marasigan, the department’s director for Renewable Energy Management Bureau, said the department will auction off the installation, operation and maintenance of the solar panels with an aggregate capacity of 1,000 megawatts (MW).

 “We are proposing a rooftop installation for solar projects. The target is schools all over the country, preferably private universities and colleges,” Mr. Marasigan told reporters.

 “There will be installation of 100-kW solar systems per rooftop and we will be looking for a third party to implement it,” he added.

 Mr. Marasigan said the third party that will participate in the program should sell the electricity generated by the solar panels by at least P2 per kilowatt-hour (kWh) lower than the current distribution cost.

 “We are in the process of conceptualization. We will start here in Metro Manila where the distribution cost is between P10-P11/kWh,” Mr. Marasigan said.

 “So we will have a third-party implementor because we don’t want the school to be directly engaged and the third party will secure the financing from the department through the Malampaya fund,” he explained.

 Mr. Marasigan, however, explained that actual cost of funding that will be sourced from the Malampaya fund would still depend on the final conceptualization of the project as this is still subject to consultations with industry stakeholders.

 “The third-party implementor will loan for the funding and then there will be three to five years recovery period. At the end of the period, the loan should already be fully paid,” he said.

 The Malampaya funds are royalties sourced from the operations of the natural gas project located 80 kilometers northwest of Palawan. Since the project started in 2001, the Malampaya gas project has turned over to the government more than $4 billion in revenues.

 Last July, reports claimed that P900 million from the Malampaya funds allegedly went to bogus agriculture projects in 2009.

 Mr. Marasigan said the government plans to jump-start the program within the year and will involve the initial 10 schools within Metro Manila. Asked on the cost of the project, Mr. Marasigan said that “the start-up of the project to at least 10 schools will cost about P150 million. Should it be positive, we will proceed with the remaining schools to reach the target of 10,000 schools.”

Mr. Marasigan said the department will still work on the inventory of qualified schools across the country that can benefit from the project. “If everything goes well, we hope to complete the installation of all solar systems within one and a half year,” Mr. Marasigan said.


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DOE eyes Malampaya fund for solar panels in schools

DOE eyes Malampaya fund for solar panels in schools
Source: The Philippine Star.
http://www.philstar.com/business/2013/10/01/1239960/doe-eyes-malampaya-fund-solar-panels-schools

MANILA, Philippines - The Department of Energy (DOE) is proposing to tap the multi-billion peso Malampaya funds for solar panels to be distributed to about 10,000 schools all over the country.

The initial plan is to spend P150 million for a total of 1,000 megawatts in solar capacity to be distributed to roughly 10,000 schools at 100 kilowatts per school.

The target is to distribute the solar panels to the targeted schools over a period of one-a-half years, said Mario Marasigan, the director of the DOE’s Renewable Energy Management Bureau.

“Within the year, hopefully, we can start,” said Marasigan.

He said the DOE would be looking at areas where the cost of electricity is between P10 to P11 per kilowatt-hour.

The department would then tap a third-party proponent for the solar project that could bring down the rate by P2.


“We’re now doing school-to-school inventory of the schools to determine what the schools need,” he said.

Under the plan, the energy department would finance the acquisition of solar panels, which would then be repaid by the schools.

“The target is to tap the Malampaya funds but this is still subject to approval,” he said in a briefing yesterday.

Once approved, the Department of Budget and Management (DBM) would have to release the funds similar to the government’s Modular Generator Sets program, which also tapped P4 billion from the Malampaya funds.

Energy Secretary Carlos Jericho Petilla earlier assured that for the remaining term of the Aquino administration, all projects funded by the Malampaya royalties would be used to finance energy-related ventures.

His assurance came amid allegations that proceeds of the Malampaya deep water gas-to-power project went to bogus non-government organizations (NGOs) put up by businesswoman Janet Lim Napoles.

So far, the government’s share from the Malampaya project has totaled P165-P167 billion since the project commenced in 2001.

The Arroyo administration has utilized P20 billion out of this amount while the Aquino administration has so far used P15 billion.

There is still a remaining amount of P130 billion.

A joint undertaking between the Philippine government and the private sector, the Malampaya project is spearheaded and developed and operated by Shell Philippines Exploration, B.V. (Spex) on behalf of joint venture partners Chevron Malampaya LLC and the Philippine National Oil Co.-Exploration Corp.

The project is covered by Service Contract 38 and involves the production of natural gas to fuel three gas-fired power stations with a combined capacity of 2,700 megawatts.

Natural gas is the fuel for sustainable growth and development, helping to meet the world’s growing energy needs as the cleanest-burning fossil fuel with a globally abundant and diverse supply.

 The Philippine Star. Retrieved from http://www.philstar.com/business/2013/10/01/1239960/doe-eyes-malampaya-fund-solar-panels-schools

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Malampaya fund eyed for solar rooftop installation

Malampaya fund eyed for solar rooftop installation
Reference: http://www.mb.com.ph/malampaya-fund-eyed-for-solar-rooftop-installations/

The Department of Energy (DOE) is eyeing large-scale solar rooftop installations of up to 1,000 megawatts nationwide that shall be bankrolled by the Malampaya fund.

In a press conference, Renewable Energy Management Bureau Director Mario Marasigan noted that the extent of funding will be at P150 million per megawatt. So for the aggregate target installations, such could merit huge financing of P150 billion stretched over several years.

Marasigan noted that the scale of solar rooptop projects that may be considered for Malampaya funding shall be from 100 kilowatts and higher and the ideal jumpstart point will be schools and universities.

“At the moment, there’s no fixed number because we have not accounted everything yet…we’re looking at 1,000 megawatts installation, total,” the energy official noted.

The flip-side of the project proposal is that the cost of the electricity generated from such installations when offered to the grid will be P2.00 per kilowatt hour (kWh) cheaper compared to the prevailing rate being passed on to consumers by distribution utilities.

He said the projects will not be intended for net metering system at initial phase. However, in a timeframe that will be determined in the DOE’s project concept, they may eventually be allowed to participate in the program.

As to the funding requirements per year, Marasigan noted that the details are still being fleshed out, including the areas where installations must be prioritized.

The financing scheme, he further explained, will be for third party entities to tap the Malampaya fund and there would be repayment terms for the availments.

“At the introductory phase, these solar rooftop installations will not be part of net metering yet. We will look for a third party to implement and then what will happen here is that, the third party will sell its generation at least P2.00 per kWh lower than the distribution price,” Marasigan stressed.

He mentioned a cost reference of P10 to P11 per kWh as pass-on cost of DUs, but that already covered even other charges such as generation, transmission and even taxes.

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