Quantcast
Latest Stories

Camarines Sur power rates to increase in December

By

NAGA CITY—Power rates in this city and in nine towns of Camarines Sur are expected to rise in December until January next year as the local power cooperative’s main power suppliers go on a maintenance shutdown for almost two months, forcing the cooperative to buy more expensive electricity from other suppliers.

Emmanuel Rojo, spokesperson of Camarines Sur II Electric Cooperative (Casureco II), said the increase in power rates would be the expected result of getting supply from the Wholesale Electricity Spot Market (WESM) because of the shutdown from Oct. 28 to Dec. 15 of the Bacon-Manito Geothermal Plant (BacMan) that provides 40 percent of the cooperative’s power supply.

Rojo said the Malampaya gas plant, another power supplier of Casureco II which provides about 40-45 percent of the power needs of Luzon, will also go on a maintenance shutdown coinciding with the BacMan shutdown, from Nov. 8 to Dec. 9 this year.

Casureco II services Naga City and the towns of Pili, Canaman, Magarao, Calabanga, Minalabac, Gainza, Bombon, Siruma and Tinambac.

The preventive maintenance shutdown of BacMan, said Rojo, would force the cooperative to get 40 percent of its electricity requirement from WESM, which currently supplies only 15 percent of Casureco II’s power needs.

WESM is an open market for electricity in which bulk users get short-term supply contracts from different independent power producers which often results in higher rates.

Rojo said the increase in power rates as a result of maintenance shutdowns of Casureco II’s traditional suppliers is not new as it happened in August last year when the cooperative had to buy 55 percent of its power needs from WESM.

Rojo said he could not yet say how much exactly the rates would increase but last year, Casureco II collected an additional 50 centavos per kilowatt hour as a result of buying electricity from WESM when the Malampaya gas plant shut down.


Follow Us

Follow us on Facebook Follow on Twitter Follow on Twitter


Recent Stories:

Complete stories on our Digital Edition newsstand for tablets, netbooks and mobile phones; 14-issue free trial. About to step out? Get breaking alerts on your mobile.phone. Text ON INQ BREAKING to 4467, for Globe, Smart and Sun subscribers in the Philippines.

Tags: Bacon-Manito Geothermal Plant , Electricity , Energy , News , power rates , Regions , Wholesale Electricity Spot Market




Copyright © 2014, .
To subscribe to the Philippine Daily Inquirer newspaper in the Philippines, call +63 2 896-6000 for Metro Manila and Metro Cebu or email your subscription request here.
Factual errors? Contact the Philippine Daily Inquirer's day desk. Believe this article violates journalistic ethics? Contact the Inquirer's Reader's Advocate. Or write The Readers' Advocate:
c/o Philippine Daily Inquirer Chino Roces Avenue corner Yague and Mascardo Streets, Makati City, Metro Manila, Philippines Or fax nos. +63 2 8974793 to 94
Advertisement
  1. Santiago accuses Lacson of fronting for Enrile, Gigi Reyes
  2. Name names, Lacson told
  3. Santiago: Enrile, Lacson, Reyes plotting massive psywar operation
  4. Slain officer’s ‘diagram’ rocks PNP
  5. Kris Aquino’s ex- close in security named new Air Force chief
  6. Ex-COA chief nabbed for plunder
  7. 12 senators on Napoles ‘pork’ list, says Lacson
  8. Obama: US will defend Japan vs China
  9. Save the queen? Aide takes fall for Enrile, Gigi Reyes
  10. HK apology: Why Estrada and not Aquino?
  1. Napoles spills beans on Enrile, Estrada, Revilla – De Lima
  2. 12 senators on Napoles ‘pork’ list, says Lacson
  3. Gigi Reyes pins blame on aide
  4. Estrada: Gigi Reyes won’t testify vs JPE
  5. Bernice Lee arrested by NBI team
  6. Enrile chief aide back in PH ‘to face charges’
  7. Cedric Lee’s cohort flies out of PH despite look-out order – De Lima
  8. Suspect in Vhong Navarro’s mauling wants to turn state witness – De Lima
  9. Reckless driver endangered lives of Aquino, entourage–report
  10. Lawyer: Napoles ‘will tell all’
  1. MRT passengers pass the hat for 6-year-old Ashley
  2. Rookie, lady cops lauded for quick response to MOA heist
  3. Napoles spills beans on Enrile, Estrada, Revilla – De Lima
  4. Malaysia averts another air tragedy; pilot lands troubled plane safely
  5. Revilla says he was joking; Lacson stands by his story
  6. Revilla ‘consulted’ Lacson on how he evaded arrest
  7. 12 senators on Napoles ‘pork’ list, says Lacson
  8. Gigi Reyes pins blame on aide
  9. Cudia, dismissed for lying, got 99% in conduct
  10. Kim Henares needs a reprimand, says Cayetano
Advertisement

News

  • Seabed search for missing Malaysian jet to widen
  • Lacson rejects calls to name ‘pork’ execs
  • Obama due in Seoul as North Korea nuclear test fears grow
  • Hold departure order out vs Corona, Singson
  • Malaysia to release MH370 report–PM
  • Sports

  • Michael Phelps loses to Lochte in comeback meet
  • Sharapova advances to Stuttgart quarterfinals
  • Galedo caps ride of redemption
  • Beermen, Express dispute second semis slot today
  • Lady Agilas upset Lady Bulldogs in four sets
  • Lifestyle

  • ‘Recovered’ Banksy works on display ahead of sale
  • Marinduque: Visiting the ‘palm of the ocean’
  • First at Vatican in 60 years
  • How Jing Monis Salon gave Krissy the pixie
  • Want to be a supermodel? Work on your inner beauty, says Joey Espino
  • Entertainment

  • Paul McCartney to play at Candlestick concert
  • Kristoffer Martin: from thug to gay teen
  • Has Ai Ai fallen deeply with ‘sireno?’
  • California court won’t review Jackson doctor case
  • Cris Villonco on play adapted from different medium
  • Business

  • PAL hailed for ban on shark fin cargo
  • BSP to change tint of P100 bill
  • Nielsen sees car buying boom in the Philippines
  • How author of best-seller exposed ‘one percent’ economic elite
  • Bangko Sentral readies new bank lending rules
  • Technology

  • Cloud strength helps Microsoft earnings top Street
  • Vatican announces hashtag for April 27 canonizations
  • Enrile in Masters of the Universe, Lord of the Rings?
  • Top Traits of Digital Marketers
  • No truth to viral no-visa ‘chronicles’
  • Opinion

  • Corruption not invincible after all
  • Editorial Cartoon, April 25, 2014
  • No deal, Janet
  • Like making Al Capone a witness vs his gang
  • MERS-CoV and mothers
  • Global Nation

  • Filipinos second-shortest in Southeast Asia
  • China welcomes PH apology
  • Only 4 Etihad passengers not accounted for
  • Abandoned in Malta,15 PH seamen return
  • Senator hopes PH will also get same vow
  • Marketplace
    Advertisement