• April 18, 2016 - Pure Energy Holdings to build bulk water plants

    MANILA, Philippines - Local investment holding firm Pure Energy Holdings Corp. (PEHC) has committed to put up low-impact renewable energy and gravitational designed bulk water supply plants across the country to help mitigate water risks and meet the targets of the Philippines for sustainable development, especially in the midst of the El Niño phenomenon.

    PEHC CEO Dexter Tiu said the country lacks a cohesive and sustainable blueprint to overcome the looming threat of severe water shortage by 2040, according to a study by World Resources Institute (WRI).

    "We need to address today’s water problems by investing in renewables and engaging in studies for water use especially at local and national levels," he said.

    Through its subsidiary, Tubig Pilipinas, PEHC provides clean and sustainable potable water supply across major cities and towns in Luzon, Visayas and Mindanao.

    It has several water systems and projects in development in Trece Martires, Sual, Labrador, Cadiz, Bacolod, several around the One Negros region and in Mindanao.

    The firm implemented run-of-river hydroelectric power plants as an alternative to traditional dam facilities to ensure lesser impact on freshwater dependency, carbon dioxide emission and aquatic ecosystem.

    "In servicing potable water and clean energy in the Philippines, our technology does not destroy waterways nor disrupt the natural flow of water," Tiu said.

    PEHC also makes strategic acquisition and investment in existing and new hydropower plants through renewable energy subsidiary Repower Energy Development Corp. (REDC)

    Its current projects include over 100 megawatts (MW) of mini-hydropower projects with a capital cost of over $400 million.

    REDC has recently acquired three of the Philippines’ oldest operating plants, Philippine Power and Development Company which started in 1927.

    "We will continue to search for more viable mini-hydropower projects and develop more water systems, aiming to be a leader in the renewable energy industry and supporting the United Nations’ Sustainable Development Goal 6 (SDG6)," Tiu said.

    PEHC also invests in community development and livelihood programs through implementation of its social responsibility and nonprofit initiatives.

    "We are also committed to the preservation of Philippine rain forests. We are coordinating with local authorities to ensure protection of our remaining rain forests from illegal loggers and are implementing tree planting activities," Tiu said.

  • April 6, 2016 - Power, water rates to go up this month

    * Video courtesy of ABS-CBN News

    Starting this month, Manila Water will impose an 11-centavo per cubic meter hike, while Maynilad has a 5-centavo adjustment. Meralco has also earlier announced a 22-centavo per kilowatt hour spike in April. - The World Tonight, ANC, April 6, 2016

  • April 6, 2016 - Meralco to increase power rates by P0.22/kWh

    Metro Manila (CNN Philippines) - In addition to higher water rates and LPG prices this April, power distributor Meralco announced on Wednesday (April 6) that power rates will increase by P0.22/kWh (per kilowatt-hour) this month.

    This means a typical household consuming 200 kWh can expect an additional P44 to their electricity bill.

    Meralco explained the hike was mainly driven by a P0.10/kWh-increase in generation charge and a higher Feed-in Tariff Allowance (FIT-All), a fee paid to renewable energy developers.

    According to Meralco, the increase in generation charge was caused by higher charges from the Wholesale Electricity Spot Market (WESM), which went up by P2.23/kWh. Peak demand in the Luzon Grid increased by more than 500 megawatts from February to March with the approach of summer.

    Meanwhile, the FIT-All will start to reflect a higher charge of P0.12/kWh beginning April, in compliance with the provisional approval issued by the Energy Regulatory Commission (ERC) last February.

    "Costs of energy sourced from the Power Supply Agreements (PSAs) and Independent Power Producers (IPPs) registered slight reductions of P0.02 and P0.01/kWh, respectively," Meralco said in a statement.

    "These reductions in the PSA and IPP charges were mainly due to the higher dispatch of a number of plants under them, along with the appreciation of the peso in March."

    Other bill adjustments this April include a slight increase of P0.01/kWh for the transmission charge and an increase of P0.03/kWh for taxes and other charges.

    Meralco reiterated that it does not earn from the pass-through charges, such as the generation and transmission charges, which go to power suppliers and to the National Grid Corporation of the Philippines (NGCP).

    The power distributor decreased rates in March because of a lower generation charge, and to a lesser extent, the lower cost of fuel.

    Power-saving tips
    Last month, Meralco spokesperson Joe Zaldariagga that power rates may go up this summer.

    The power distributor shared energy efficiency tips, since the summer season normally drives people to use more electricity:

    Unplug appliances that are not in use, as appliances in standby mode still consume electricity.
    Keep appliances clean and properly maintained to ensure they work efficiently - poorly maintained and dirty appliances consume more electricity.
    When buying new lights and appliances, it may be a good idea to consider the LED and inverter types. They might be more expensive, but they are more energy-efficient, and will ensure significant savings on electricity costs in the long run.

Pure Energy Holdings Corporation. Copyright 2017.