AboitizPower to supply energy needs of 2 Cebu companies

By: PR - Inquirer.net | October 03,2016 - 09:31 PM

A MAJOR resort operator and a metal works company in Cebu have chosen Aboitiz Power’s renewable energy to power their continued growth.

JPark Island Resort and Waterpark and NKC (Nakanishi Metal Works Co. Ltd), both operating on Mactan Island, have signed power supply contracts with Aboitiz Power Corporation under the Retail Competition and Open Access (RCOA) regime, a statement from AboitizPower said.

“We chose renewable energy because we want to help protect the environment,” said JPark Island Resort president Justin Uy.

JPark aims to strengthen its reputation as an environment-friendly and responsible tourist destination and chose AboitizPower based on trust, according to Uy.

Uy said JPark chose AboitizPower to be its sole provider of electricity for two years. The resort’s total monthly demand is 2.5 megawatts (MW), which will be taken mainly from the Tiwi-Makban geothermal plants in Albay and Batangas and brought to Cebu via the Visayas grid.

NKC, manufacturer of bearings, hardware supplies, conveyor and other industrial equipment, also chose Cleanergy, AboitizPower’s brand of renewable energy. NKC, needs 2.3 MW a month to power its operations within the Mactan Economic Zone 2 in Lapu-Lapu City on Mactan Island.

The Energy Regulatory Commission (ERC) requires contestable customers— those with average monthly usage of 1 MW and up — to source power from retail electricity suppliers starting Dec. 26 this year under the RCOA regime.

Starting June 26, 2017, the threshold is set to drop to 750 kwh, allowing more establishments to benefit from competition among power producers that will vie over prices and services.

Competition can drive prices down under the RCOA, AboitizPower chief operations officer Luis Miguel Aboitiz said after the power supply contract signing between AboitizPower and JPark Island Resort and Waterpark.

He said that he expects more big consumers to subscribe to AboitizPower as their retail power supplier.

According to the ERC, there are about 970 contestable customers nationwide. Of the total, more than 120 are in the Visayas.

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TAGS: Aboitiz, aboitiz power, AboitizPower, Cebu, JPark Island Resort, renewable energy, waterpark

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