QUEZON I ELECTRIC COOPERATIVE INC.

,
Poctol, Pitogo Quezon
January 18, 2021

MEMORANDUM

FOR : ENGR. VICTOR R. CADA

PS/ Acting General Manager

FROM : ENGR. REYNIER I. JORDAN

WESM Trader /Financial Analyst/REM and WESM Compliance Officer

SUBJECT : December 2020 ACCOMPLISHMENT REPORT

FOR January 2020 BILLING MONTH REDUCTION OF RATE
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LOAD PROFILE (METERING RESULTS)

QUEZELCO 1 consumed a total of 17,470,938.66 kWh as per NGCP for the billing period January 2020 (November 26
– December 25, 2020),

 As the ending result, QUEZELCO 1’s metering points, withdraws  17,608,578.22 kWh – Adjusted Metered Quantity,
for the whole billing month. This includes the metered quantity from the system operator (NGCP) data plus the Site-
Specific Loss Adjustment (SSLA) quantity calculated by the market operator (IEMOP- GNPD) and CANORECO Meter
quantity used by the area of QUEZELCO 1.

BILLING AND SETTLEMENT (MARKET RESULTS)

A. OPERATIONAL DATA This table is based on IEMOP-WESM Final Settlement Data, GNPD Bill and
CANORECO BILL.

Particulars Quantity (k Wh) Am o unt (Php) witho ut VAT Price pe r k Wh Re m ark s

BCQ (GNPD) 12,636,000.00 63,665,548.15 5.03842577951884
If 100% AMQ (GNPower)-
17,614,855.22 88,751,140.65 5.038425780
AMQ (No IEMO/WESM)
CANORECO 6,277.00 68,184.74 10.86263183049230

332,575.07
Prompt Payment Discount
Blended Purchase (GNPD) with
12,643,477.00 63,733,732.89 5.04083907377694
CANORECO
IEMOP BILL WITH ADJUSTMENTS 4,972,578.22 11,075,329.79 2.227281160

IEMOP BILL ADJUSTMENTS

Must Run Unit Adjustment

- 85.71
Feb. 26 to Mar. 25, 2019
Must Run Unit Adjustment
- 38,795.91
Nov. 26 to Dec. 25, 2019
Net Settlement Surplus
- (51,017.44)
Mar. 26 to Apr. 25, 2020
Additional Compensation for
Administered Price Cap - 1,394.17
Dec. 26 to Jan. 25, 2020

Sub-Total (10,741.65)

ERC ADJUSTMENTS -0.424400000

TOTAL Blended Purchase (GNPD+WESM) 17,622,855.22 74,465,745.96 3.801121065

without VAT

Total Reduction in all

14,285,394.69 1.237304715
transactions
Due to Effective Risk Management and accurate analysis of trading and forecasting to IEMOP/WESM. Based
on Trading Nodes results per day without any charges applied the undersigned reduced an amount of
P 14,285394.6916 reduction in the bill including other charges

SUMMARY OF ENERGY TRADING DATA FOR DECEMBER 2020. JANUARY 2021 BILLING

TOTAL BCQ Total WESM

Total Adjusted Total % Increase (Raw- Total Reduction thru
Date Total Raw Value(kWh) Declaration (GNPD) Exposure (IEMOP)
Value(kWh) Adjusted)
kWh kWh trading per day

26-Nov-20 581,432.64 585,891.32 0.7668% 433,141.00 152,750.32 449,798.77

27-Nov-20 587,228.80 591,731.30 0.7667% 436,491.00 155,240.30 494,562.16
28-Nov-20 577,119.82 581,493.89 0.7579% 414,611.00 166,882.89 522,925.34
29-Nov-20 490,773.84 494,482.71 0.7557% 385,055.00 109,427.71 378,836.79
30-Nov-20 535,234.75 539,078.04 0.7181% 440,651.00 98,427.04 574,888.66
01-Dec-20 533,559.10 537,435.16 0.7265% 379,495.00 157,940.16 584,240.55
02-Dec-20 552,323.27 556,556.52 0.7664% 377,143.00 179,413.52 553,282.67
03-Dec-20 579,909.86 584,464.61 0.7854% 395,289.00 189,175.61 559,912.54
04-Dec-20 580,065.20 584,469.45 0.7593% 414,784.00 169,685.45 482,268.24
05-Dec-20 560,110.44 564,312.78 0.7503% 421,201.00 143,111.78 444,873.50
06-Dec-20 575,682.79 580,160.10 0.7777% 408,242.00 171,918.10 494,563.21
07-Dec-20 607,116.67 612,010.03 0.8060% 424,830.00 187,180.03 515,483.33
08-Dec-20 603,858.78 608,606.88 0.7863% 434,160.00 174,446.88 515,302.36
09-Dec-20 604,371.38 609,196.14 0.7983% 427,680.00 181,516.14 465,582.01
10-Dec-20 613,739.10 618,773.98 0.8204% 436,554.00 182,219.98 484,142.24
11-Dec-20 630,108.81 635,284.34 0.8214% 446,805.00 188,479.34 (232,465.05)
12-Dec-20 516,906.88 520,682.32 0.7304% 363,652.85 157,029.47 328,238.77
13-Dec-20 609,713.87 614,707.27 0.8190% 478,436.92 136,270.35 337,330.24
14-Dec-20 637,342.07 642,815.33 0.8588% 489,283.34 153,531.99 333,133.53
15-Dec-20 615,772.19 620,780.17 0.8133% 460,720.00 160,060.17 418,613.31
16-Dec-20 591,203.62 595,639.45 0.7503% 455,811.12 139,828.33 385,074.59
17-Dec-20 595,920.93 600,768.16 0.8134% 440,672.00 160,096.16 449,879.93
18-Dec-20 560,155.68 564,414.33 0.7603% 412,361.00 152,053.33 429,443.54

0.7259% 405,982.00 132,877.91 428,288.57

19-Dec-20 534,976.76 538,859.91

20-Dec-20 514,630.19 518,572.79 0.7661% 440,640.17 77,932.61 277,716.74

0.8347% 419,333.00 190,335.23 551,097.26

21-Dec-20 604,621.35 609,668.23

0.8301% 414,083.00 201,684.45 557,510.66

22-Dec-20 610,697.82 615,767.45
23-Dec-20 625,087.04 630,363.61 0.8510% 413,699.00 216,664.61 446,133.34

0.8510% 388,829.00 247,062.78 762,085.11

24-Dec-20 630,525.96 635,891.78

0.8107% 376,364.59 239,335.55 827,953.63

25-Dec-20 610,749.06 615,700.14

TOTAL 17,470,938.66 17,608,578.22 0.7817% 12,636,000.00 4,972,578.22 13,820,696.53

x
BILLING PERIOD : November 26 - December 25 , 2020

METERED QUANTITY : 17,608,578.22

BILATERAL CONTRACT QUANTITY : 12,636,000.00

71.76%

WESM/IEMOP : 4,972,578.22
28.24%

Note:

-if AMQ 17614855.22kWh was taken all to GN Power Dinginin LTD. The equivalent bill will be amounting to
P 88,751,140.65 without VAT with corresponding Generation Rate of P 5.0384 /kWhr
-But due to effective risk management, strategic WESM Trading and accurate analysis of forecasting to
IEMOP/WESM, Including with other charges of IEMOP and CANORECO the undersigned has reduced it to P
74,465,745.96 only and reduced an amount of P 14,285394.6916

-As a result of the said reduction, the P 5.0384 per kWhr. Generation rate was reduced to

P3.801121 per kWhr with ERC Case No. 2017- 019 CF applied (-0.4244)
Attachments:
QUEZELCO 1 Chart Summary of Monitoring rate per day
QUEZELCO 1 Chart Summary of Monitoring of Bill per day
QUEZELCO 1 Chart Summary of Monitoring of Metered Quantity per day
QUEZELCO 1 Chart Summary of Monitoring of Reduction per day

Prepared by:

ENGR. REYNIER I. JORDAN

WESM Trader/WESM Data Analyst /Financial Analyst/REM and WESM Compliance Officer
QUEZON I ELECTRIC COOPERATIVE INC.,
Poctol, Pitogo Quezon
July 20, 2020

MEMORANDUM

FOR : ENGR. VICTOR R. CADA

PS/ Acting General Manager

FROM : ENGR. REYNIER I. JORDAN

WESM Trader/Load Forecaster/REM and WESM Compliance Officer

SUBJECT : GENERATION RATE COMPARATIVE DATA TO OTHER COOPERATIVES

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QUEZELCO 1 Comparative data of Generation Charge to Meralco and other Electric Cooperatives

Note: All data of other cooperatives are based on its Website

REDUCTION OF GENERATION CHARGES ARE BASED ON FORECASTING AND TRADING

Electric April 2020 May 2020 June 2020 July 2020 August
Cooperatives (php/kWh (php/kWh (php/kWh (php/kWh 2020
) ) ) ) (php/kwhr
QUEZELCO 4.4603 4.0366 3.8075 4.0934 3.7951
1
MERALCO 4.6385 4.3848 4.3413 4.3344 4.1241

FLECO 4.6608 4.4096 4.3396 4.3579

BATELEC 2
4.3708 4.6399
4.5184 4.6132
PELCO No data yet in
2.6062 2.9386 PELCO
4.4398 website

BENECO 4.1761
4.0133 3.8592 3.8059

CEBECO II 5.83 5.79

6.27 6.0

CEBECO I 5.03
5.62 5.36

Prepared by:

ENGR. REYNIER I. JORDAN

WESM Trader/Load Forecaster/REM and WESM Compliance