Professional Documents
Culture Documents
Energy Regulatory Commission
Energy Regulatory Commission
ORIENTAL MINDORO
ELECTRIC COOPERATIVE,
INCORPORATED (ORMECO),
Applicant.
)(- - - - - - - - - - - - - - - - - - - - - - -)(
ORDER
Where:
Where:
4. Procurement Process
3. If after the eligibility check, more than one bidder meets the eligibility
requirements, but only one bidder submits a bid, and its bid is found to be
responsive to the bidding requirements. In all instances, the Procuring
Entity shall ensure that the ABC reflects the most advantageous prevailing
price for the government.
ERC Case No. 2013-212 RC
ORDER/January 20, 2014
Page 10 of 17
(a) If after advertisement, only one prospective bidder submits a Letter of Intent
and/or applies for eligibility check, and meets the eligibility requirements or
criteria, after which it submits a bid, which is found to be responsive to the
bidding requirements.
ERC Case No. 2013-212 RC
ORDER/January 20, 2014
Page 11 of 17
Rate
Rate Com ponent
PhP/kWh
Ca acit Fee 8.0244
Local 0 & M Fee 0.9079
Forei n 0 & M Fee 0.3173
TCGR 9.2496
ORMIN POWER's
Pro osed Rate
Particulars TCGR Commission's
Calculation PSA Rate FIT Difference
PhP/kWh PhP/kWh (PhP/kWh) (PhP/kWh)
Ca acit Fee 8.0244
Local 0 & M Fee 0.9079
Forei n 0 & M Fee 0.3173
Total 9.2496 6.00 5.900
5
2011-006 RM , particularly, for mini-hydro power plants, has
undergone thorough evaluation and scrutiny of parameters used in
the determination of the applicable FIT.
6. Rate Impact
The total electricity fee under the PSA will not adversely affect
the existing rates which ORMECO bills to its member-consumers
since the same remains to be the approved SAGR. Further, ORMIN
POWER's power plant is not yet ready to deliver energy until its
commercial operation in 2015.
5 In the Matter of the Petition to Initiate Rule-Making for the Adoption of the
Feed-In Tariff for Electricity Generated From Biomass, Ocean, Run-of-the-River
Hydropower, Solar, and Wind Energy Resources, National Renewable Energy
Board (NREB) - Petitioner
ERC Case No. 2013-212 RC
ORDER/January 20, 2014
Page 14 of 17
d. In the event that the final rate is higher than that provisionally
granted, the resulting additional charges shall be collected
by ORMIN POWER from NPC/ORMECO. On the other
hand, if the final rate is lower than that provisionally granted,
the amount corresponding to the reduction shall be refunded
by ORMIN POWER to NPC/ORMECO.
50 ORDERED.
~'A A.[~
ZENAIDAcG'. CRUZ-DUCUT
Chairperson ~
~ 0. ~./~~~. @yt
ALFREDO J. NON GLO~ICTORIA Ct9YAP-TARUC
Commissioner Commissioner
Copy Furnished: