September 8, 2025 | 12:00am
MANILA, Philippines — Energy large Manila Electrical Co. (Meralco) is looking for regulatory approval for a brand new renewable power (RE) provide deal, which might generate hundreds of thousands of pesos in financial savings for its clients.
Meralco, along with First Quezon Biogas Corp. (FQBC), has filed an software with the Power Regulatory Fee for a 1.25-megawatt (MW) RE baseload energy provide settlement (PSA).
The PSA covers a interval of 20 years, with supply focused to start out on June 26, 2026.
The provision will come from FQBC’s 1.4-MW biogas plant in Candelaria, Quezon, which makes use of anaerobic digestion know-how to transform agricultural waste into clear energy.
Primarily based on the businesses’ joint submitting, the delivered charge of P6.50 per kilowatt-hour – unique of taxes – below the PSA is decrease than the efficient price of P7.889 per kWh if the identical capability had been sourced from the spot market.
By sourcing the capability by means of the PSA, Meralco mentioned its common blended era charge is anticipated to say no by about P0.0004 per kWh, resulting in price financial savings of round P15.2 million.