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    Angeles Electric Corporation provided a breakdown of generation costs for their November 2023 billing. The majority (58.25%) of electricity came from GNPower Mariveles through a bilateral contract. Other sources included Anda Power Corp (16.25%), the WESM spot market (24.42%), Angeles Power Inc. (0.40%), and net metering exports (0.69%). The basic generation cost was PHP 474 million with discounts reducing the total to PHP 469 million. The average generation cost per kWh was PHP 7.0571.

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    Angeles Electric Corporation provided a breakdown of generation costs for their November 2023 billing. The majority (58.25%) of electricity came from GNPower Mariveles through a bilateral contract. Other sources included Anda Power Corp (16.25%), the WESM spot market (24.42%), Angeles Power Inc. (0.40%), and net metering exports (0.69%). The basic generation cost was PHP 474 million with discounts reducing the total to PHP 469 million. The average generation cost per kWh was PHP 7.0571.

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    © All Rights Reserved
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    6 views1 page

    Bills

    Uploaded by

    tdvh2h8kch
    Angeles Electric Corporation provided a breakdown of generation costs for their November 2023 billing. The majority (58.25%) of electricity came from GNPower Mariveles through a bilateral contract. Other sources included Anda Power Corp (16.25%), the WESM spot market (24.42%), Angeles Power Inc. (0.40%), and net metering exports (0.69%). The basic generation cost was PHP 474 million with discounts reducing the total to PHP 469 million. The average generation cost per kWh was PHP 7.0571.

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    © All Rights Reserved
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    ANGELES ELECTRIC CORPORATION

    BREAKDOWN OF GENERATION CHARGE FOR NOVEMBER '23 BILLING


    (Based on OCTOBER 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) 38,724,092 58.25% P 245,151,399.25 (7,241,310.23) P 237,910,089.02 P 6.1437
    2. Anda Power Corp. (Bilateral Contract) 10,800,000 16.25% 83,155,480.70 (407,150.28) 82,748,330.42 7.6619
    4. WESM (Spot Market) 16,233,450 24.42% 123,204,334.30 2,903,626.29 126,107,960.59 7.7684
    3. Angeles Power Inc. (Bilateral Contract) 263,334 0.40% 19,459,266.43 - 19,459,266.43 73.90
    5. Net Metering (Export) 457,150 0.69% 3,077,488.00 - 3,077,488.00 6.7319
    Others: -
    Pilferage Recoveries (159,856.65) (0.0010)

    TOTAL 66,478,026 100.00% P 474,047,968.68 (4,744,834.22) P 469,143,277.81 P 7.0571

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


    Other Generation Rate Adjustments (OGA) -

    Generation Rate for NOVEMBER 2023 P 7.0571

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