Energy rationing, additional budget, tariff applications, and government borrowings are some of the solutions drawn up by the government to sustain the operations and ensure the continued delivery of power supply by the NPC in off-grid areas.
Energy rationing, additional budget, tariff applications, and government borrowings are some of the solutions drawn up by the government to sustain the operations and ensure the continued delivery of power supply by the National Power Corporation in off-grid areas.
Fuel prices, which accounts for almost 70 percent of NPC’s operational costs for both its Small Power Utilities Group plants and NPPs, are currently priced twice as much than the initially available funds. The DOE and NPC are also working with the Development Budget Coordination Committee to program funds that would support NPC’s funding deficit for this year, which amounts to P14.205 billion.
The DOE anticipates that the ERC would act swiftly on the petition by the NPC on the Universal Charge for Missionary Electrification of about P0.15/kWh. NPC is also working on its long-term sustainability plan to mitigate the impact of high fuel prices on its operations. This includes the accelerated hybridization of SPUG power plants with renewable energy resources, preparations for “UCME Graduation” through the interconnection of major island grids to the Main Grid, and preparations for “UCME Rationalization” through customer classification in the missionary areas.
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