Meralco to charge higher rates in December

[userfriendly]

COMPUTATION OF THE GENERATION CHARGE FOR NOVEMBER 2013 a
(Applicable for Customers Not Under Meralco TOU)
Based on October 2013 Generation Costs
(A) (B) (C) (D) (E = C + D) (F = E/A) (G) (H = F - G)
Basic Other Total Average Average
GWH Energy Generation Cost Gen Cost Gen Cost Gen Cost
Source (million kWh) Share Cost Adjustmentsb for the Month (Oct 2013) (Sep 2013) Incr/(Decr)
Purchased (%) (PhP million) (PhP million) (PhP million) (PhP/kWh) (PhP/kWh) (PhP/kWh)
A. Power Supply Agreements (PSAs)
1. SEM-Calaca Power Corp. (SCPC) 211.62 7.0% 744.81 (0.21) 744.59 3.5186 3.4755 0.0431
2. Masinloc Power Partners Corp. (MPPC) 175.45 5.8% 780.33 - 780.33 4.4477 3.5709 0.8768
3. Therma Luzon Inc. (TLI) 160.84 5.4% 633.94 (3.19) 630.76 3.9217 3.9504 (0.0287)
4. San Miguel Energy Corp. (SMEC) 7.21 0.2% 113.85 (1.65) 112.20 15.5527 3.8087 11.7440
5. South Premiere Power Corp. (SPPC) 593.70 19.8% 2,826.16 (2.49) 2 ,823.66 4.7560 4.7769 (0.0209)
6. Therma Mobile Inc. (TMO) 3.61 0.1% 22.38 0.04 22.41 6.2030
Subtotal 1,152.43 38.3% 5,121.46 (7.51) 5 ,113.96 4.4376 4.1674 0.2702
B. Purchase Power Agreements (PPAs/IPPs) Dispatchc
1. Quezon Power Phils Ltd. Co. (QPPL) 68.9% 232.41 7.7% 1,147.05 (3.29) 1 ,143.76 4.9213 4.8803 0.0410
2. First Gas Power Corp. (FGPC) – Sta. Rita 93.8% 694.57 23.1% 3,407.74 (16.27) 3 ,391.47 4.8828 5.0463 (0.1635)
3. FGP Corporation (FGP) – San Lorenzo 96.0% 181.21 6.0% 900.97 (5.79) 895.18 4.9400 5.0246 (0.0846)
Subtotal 87.6% 1,108.19 36.9% 5,455.76 (25.35) 5 ,430.41 4.9002 5.0017 (0.1015) d
C. Wholesale Electricity Spot Market (WESM) 228.23 7.6% 2,590.15 544.84 3 ,134.99 13.7359 5.6324 8.1035
D. Renewable Energy
1. Montalban Methane Power Corporation (MMPC) 1.03 0.03% 4.12 0.01 4 .13 3.9932 4.0769 (0.0837)
2. Bacavalley Energy Inc (BEI) 0.33 0.01% 1.29 0.00 1 .29 3.9750 3.9733 0.0017
3. Pangea Green Energy Philippines 0.39 0.01% 1.56 0.00 1 .56 3.9866 3.9555 0.0311
4. Others 0.32 0.01% 1.65 1 .65 5.1788 5.2465 (0.0677)
Subtotal 2.07 0.1% 8.62 0.02 8 .64 4.1719 4.2187 (0.0468)
Total Generation Cost 2 ,490.92 82.9% 13,176.00 512.00 13,687.99 5.4951 4.6199 0.8752
Generation Rate Adjustments
Pilferage Recovery (0.0184) e (0.0175) (0.0009)
High Load Factor Rider 0.0021 0.0026 (0.0005)
TOU Differential 0.0313 f 0.0294 0.0019
NPC GRAM 0.1572 0.0488 g 0.1084
5.6673 4.6832 0.9841
billing month Nov 2013 Oct 2013
Customers with energy not sourced by Meralco
515.11 17.1%

This was taken from Meralco's website. This is the breakdown of their billing for Nov 2013. I highlighted (bold) some interesting facts.

According to PSE, MVP is Meralco's chairman while both Ramon Ang and Manuel Lopez are both directors. Ramon Ang is the head honcho of San Miguel and Lopez owns First Gen or FGCP.

As you can see, San Miguel increased its price by 11.744 pesos per kwhr. While WESM increased by 8.1035 per kwhr.

[userfriendly]

Diba nagtaas na sila ng November there was an increase of 3k in our bill


Sent from my iPad using Tapatalk

#retzing

Yes nagtaas na sila nung November. Tataas nanaman. Tapos initial press release 3 pesos daw itataas. Nung nagprotest, ginawang installment. Pero take note na from 3 pesos naging 4.15 pesos na daw. Ano yun 33% interest! ERC at Dep of energy are both in cahoots with Meralco and its suppliers.

[Retz]

^

kaya PHp4.15 inclusive na daw ng tax.

[kinyo]

kinakabahan ako matanggap ang electric bill namin, baka atakehin ako sa puso

pwede ba idemanda ang meralco kapag namatay ako? o naospital man lang?

i mean, manalo kaya ang kaso?

[shadow]

So another 2-3k additional from our recent bill which meron ng increase...nice.

**** you meralco, saan na yun refund namin?


Sent from my iPad using Tapatalk

#retzing

[badkuk]

...why do i get the feeling that the meralco guys will be getting fat bonuses this December?

[vinj]

So another 2-3k additional from our recent bill which meron ng increase...nice.

**** you meralco, saan na yun refund namin?


Sent from my iPad using Tapatalk

#retzing

I'm already cringing at the thought of my long delayed electric bill... Just when i got to manage our power consumption to good levels.... sabog nanaman.

[macsd]

^

kaya PHp4.15 inclusive na daw ng tax.

Yan ang kaplastican ng gobierno. Bulag na nga ang ahencia or in cahoots with the power sector, tapos kikita pa sila sa VAT. Masmalaki ang electric bill, cyempre masmalaki ang VAT. Tapos sasabihin ng gobierno they are talking to meralco for gradual increase to minimize the impact when they can simply make power VAT free yet this packing goverment don't want to do it cause they also want to take the big piece of the pie.

[Retz]

Could buying and using an electric generator be more cost-effective than relying on meralco?

[kinyo]

Could buying and using an electric generator be more cost-effective than relying on meralco?

nope ... not even close