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February 2020 PDF

This document breaks down the generation charge for February 2020. It shows the sources that provided electricity, including bilateral contracts with independent power producers and power supply agreements. The largest sources were First Gas Power Corporation at 21.1% and San Buenaventura Power Ltd. Co. at 10.2%. The Wholesale Electricity Spot Market provided 23.4%. The total generation cost for the month was PHP 11.679 billion, resulting in an average generation cost of PHP 4.5090 per kWh.

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Jhay Phee Llorente
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76 views

February 2020 PDF

This document breaks down the generation charge for February 2020. It shows the sources that provided electricity, including bilateral contracts with independent power producers and power supply agreements. The largest sources were First Gas Power Corporation at 21.1% and San Buenaventura Power Ltd. Co. at 10.2%. The Wholesale Electricity Spot Market provided 23.4%. The total generation cost for the month was PHP 11.679 billion, resulting in an average generation cost of PHP 4.5090 per kWh.

Uploaded by

Jhay Phee Llorente
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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BREAKDOWN OF GENERATION CHARGE

(C)
(D = B+ C) [D/A]
(B) Other Cost
% of Total (A) Total Average
Basic Adjustments (NSS
Source kWh kWh Generation Cost for Generation
Generation Cost and Other Billing
Purchased Purchased the Month Cost
(PhP) Adjustments)
(PhP) (PhP/kWh)
(PhP)
BILATERAL CONTRACTS WITH POWER SUPPLIERS
1. Quezon Power Phils Ltd. Co. (QPPL) 4.4% 114,151,600 1,161,795,306 3,654,444 1,165,449,750 10.2097
2. First Gas Power Corporation (FGPC) – Santa Rita 21.1% 546,262,425 2,643,426,657 10,383,920 2,653,810,577 4.8581
3. FGP Corp. (FGP) – San Lorenzo 11.3% 293,801,777 1,373,795,081 11,666,355 1,385,461,436 4.7156
Subtotal - Independent Power Producers (IPPs) 36.8% 954,215,802 5,179,017,044 25,704,719 5,204,721,763 5.4544
4. Therma Luzon Inc. (TLI) 5.4% 139,709,691 537,863,796 1,605,977 539,469,773 3.8614
5. First NatGas Power Corp. (FNPC) - San Gabriel 2.0% 50,629,379 285,653,988 398,596 286,052,584 5.6499
6. San Buenaventura Power Ltd. Co. (SBPL) 10.2% 264,833,022 1,155,577,681 (8,244) 1,155,569,437 4.3634
7. AC Energy* 3.9% 99,720,000 422,473,752 - 422,473,752 4.2366
8. San Miguel Energy Corp. (SMEC)* 5.9% 153,291,667 596,507,618 - 596,507,618 3.8913
9. South Premiere Power Corp. (SPPC)* 11.1% 286,651,799 1,159,764,514 - 1,159,764,514 4.0459
10. Other PSAs** 1.4% 35,575,053 299,285,859 161,634,362 460,920,221 12.9563
Subtotal - Power Supply Agreements (PSAs) 39.8% 1,030,410,611 4,457,127,207 163,630,691 4,620,757,898 4.4844
WESM 23.4% 606,407,473 1,798,536,771 52,762,690 1,851,299,462 3.0529
EXPORT ENERGY FROM NET METERING CUSTOMERS 0.02% 570,870 2,797,392 - 2,797,392 4.9002
OTHERS 0.03% 745,909
TOTAL 100.0% 2,592,350,665 11,437,478,414 242,098,100 11,679,576,515 4.5054
OTHER GENERATION ADJUSTMENTS (OGA)
1. Pilferage Recovery (0.0131)
2. ILP Recovery 0.0000
3. High Load Factor Rider 0.0000
4. TOU Differential 0.0120
5. GOUR Recovery (ERC Case No. 2011-010 CF) 0.0047
FEBRUARY 2020 GENERATION CHARGE 4.5090
*Implemented new baseload PSAs starting December 26, 2019
**Panay Energy Development Corp. (PEDC), Philippine Power & Development, Co. (PPDC), Millennium Energy Inc. (MEI), Therma Mobile Inc. (TMO), Solar Philippines Tarlac Corp. (SPTC) and Powersource First Bulacan Solar Inc. (PFBS)

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