CAPELCO power supply now stable: Diaz
ROXAS CITY – Capiz Electric Cooperative, which suffered power crisis for almost two months, now has a stable power supply after acquiring electricity from another Independent Power Producer.
CAPELCO general manager Edgar Diaz said in a press conference on Friday that Salcon Island Power Corp., operator of the Panay Diesel Power Plant in Dingle, Iloilo, is now supplying power to CAPELCO.
Earlier, only the Green Core Geothermal Inc. based in Negros Oriental and Enervantage in Panitan, Capiz supplied power the CAPELCO but the supply was not enough that CAPELCO had to implement rotating brownouts in Capiz.
CAPELCO, which has 23-megawatt peak demand, sources 24 percent of its is power supply from Enervantage; Green Core, 65 percent; and Salcon, 11 percent.
Diaz said CAPELCO’s contract with Salcon is only temporary and will last until end of the year, while waiting for the full operation of the coal-fired power plant in Brgy. Ingore in La Paz district, Iloilo City, which could supply power at a price lesser than Salcon’s.
The prevailing prices of the three IPPs vary. Enervantage, which uses bunker fuel, charges P8.63 per kilowatt-hour; Green Core, which produces geothermal energy, is at P3.56; while Salcon, charges the highest at P9.78.
With the entry of Salcon, CAPELCO will impose a price adjustment of 12 percent or an additional of P0.63 per kilowatt-hour.
