ANGELES ELECTRIC CORPORATION

BREAKDOWN OF GENERATION CHARGE FOR DECEMBER '23 BILLING

(Based on NOVEMBER 2023 Generation Costs)

(A) (B) (C) (D) (E = C + D) (F = E/A)

Other Cost Average
Basic Generation Cost Adjustments Total Generation Cost Generation
SOURCES Net kWh Input % Share
(PhP) (Discounts & Other (PhP) Cost
Adj.) (PhP) (Php/kWh)
1. GNPower Mariveles (Bilateral Contract) 40,147,841 59.17% P 247,282,518.55 (17,430,977.29) P 229,851,541.26 P 5.7251
2. Anda Power Corp. (Bilateral Contract) 11,160,000 16.45% 86,957,494.44 (394,016.40) 86,563,478.04 7.7566
4. WESM (Spot Market) 15,927,410 23.47% 77,709,378.04 1,750,459.44 79,459,837.48 4.9889
3. Angeles Power Inc. (Bilateral Contract) 25,626 0.04% 16,906,603.70 - 16,906,603.70 659.74
5. Net Metering (Export) 592,600 0.87% 4,182,037.46 - 4,182,037.46 7.0571
Others: -
Pilferage Recoveries (326,758.92) (0.0010)

TOTAL 67,853,477 100.00% P 433,038,032.19 (16,074,534.25) P 416,636,739.02 P 6.1402

Automatic Adjustments (ERC Res. 14, S. 2022) -

Other Generation Rate Adjustments (OGA) -

Generation Rate for DECEMBER 2023 P 6.1402