Professional Documents
Culture Documents
THE
APPLICATION
FOR
APPROVAL
OF
THE
ELECTRIC
POVVER
PURCHASE
AGREEMENT
(EPPA) BETVVEEN ILOILO I
ELECTRIC
COOPERATIVE,
INC. AND PANA.Y ENERGY
DEVELOPMENT
CORPORATION
WITH
PRAYER FOR PROVISIONAL
AUTHORITY
ELECTRIC
INC .. AND
ENERGY
DOCKETED
:;~e:....~~~::::::~:~
Applicants.
x---------------~--------x
NOTICE OF PUBLIC HEARING
TO ALL INTERESTED PARTIES:
Notice is hereby given that on 29 April 2016, the Iloilo I Electric
Cooperative, Inc. (ILECO I) and Panay Energy Development
Corporation (PEDC) filed an Application for approval of the electric
power purchase agreement (EPPA), with prayer for the issuance of
provisional authority.
In the said Application, ILECO I and PEDC alleged the
following:
1.
3.
4.
5.
1X150 MW
Cooperation Period
Commercial
Operation Date
Contracted Capacity
BMW
In addition, subject to
availability of capacity of
the
Expansion
Plant,
PEDC is given priority to
supply
ILECO I any
additional
capacity
requirements it may have,
subject
to
mutually
acceptable
terms
and
conditions.
Minimum Energy
Off-Take
Billing Month
Minimum
Contracted
Energy,
kWh
6.
5,952,000
5,760,000
Delivery
Point
Outages
LoadFactor
100%
Electricity Fee
= Energy Fees
Fuel Cost
Energy Fees
= Tariff Fee
Tariff Fee
= CRF
( USDO&M
Cost of Coal
Fuel Cost
Cost of Coal
= ( Base, Coal
1,000
Pnce
PhpO&M
USCP~
USCPlb
Consumption
Rate
PhCPl,
X
PhCPlb
Forex
Forex
J
x
En
Newcastlec
x
Newcastle.
Transport Cost
PhpO&M
PhCPI,
= Philippine Consumer Price Index (CPI) for all items forthe Current month as
published by the National Statistics Coordination Board, www.nscb.gov.ph
USDO&M
USCPI,
= US Consumer Price Index (CPI)for all items for the Current Month as
138.30
Base US CPI
May-14
www.bls.gov
May-14
237.07
Forex
Newcastlec
= Preceding qua rter's average coa I price for 6,700kca I/kg ADB per the Gloa bl
lin USD/MTI
NewcastleB
= Cost of freight, i ns ura nee, brokerage, ta xes, a nd othe r costs in USD per MT
7.
whichever is lower
= NominatedEnergyofBuyertoSelierinkWh
at
100%
Load Factor
100%
Electricity Fee
Energy Fees
Tariff Fee
Energy Fees
50%
USDO&M
Cost of Coal
=-----
1,000
Fuel Cost
CRF
Fuel Cost
Tariff Fee
PhpO&M
USCP~
USCPlb
Consumption
Rate
E
PhCPI,
PhCPlb
Forex
Forex
j
J
En
~
Cost of Coal
lBas~ Coal
Pnce
Newcastlec
NewcastleB
Transport Cost
Where:
CRF
capital
PhpO&M
PhCPI,
Recovery Fee
Philippine Consumer Price Index (ePI) for all items forthe Current month as
by the National Statistics Coordination Board, www.nscb.gov.ph
published
PhCPlb
USDO&M
May-14
138.30
USCPI,
=-
USCPlb
Base US CPI
Forex
237.07
May-14
Reference
published
date, as
Newca stlee
Preceding qua rter's average coa I price for 6,700kca I/kg ADB per the Gloa bl
Coa I Newcastle Physical Trading Index, www.elobalcoal.com
fin USD/MTl
Newca sties
Transport Cost
Cost of freight, insurance, brokerage, taxes, and other costs in USD perMT
Consumption Rate =
En
Pre-Commercial Operations at
Energy Fees
Energy Fees
75%
Tariff Fee
Fuel Cost
Fuel Cost
+
x
CRF
[ U5DD&M
Cost of Coal
1,000
= [
Cost of Coal
Load Factor
100%
Load Factor
Electricity Fee
100%
Tariff Fee
PhpO&M
U5CP~
E
PhCPlc
PhCPlb
Forex
Forex
USCP'b
B.s~ Coal
Consumption
Rate
Newcastlec
Pnce
Newcastles
J
En
Transport Cost
Where:
CRF
Php
2.3096
per kWh
PhpO&M
Php
0.2736
per kWh
items forthe
PhCPlt
published
Base Philippine
U5DO&M
CPI
Current month as
Board, www.nscb.govph
138.30
us Consumer Price Index (CPI) for all items forthe Current Month as
published by the U.S. Bureau of laborStatlstics,
wwwbls gov
Ba se US CPI
237.07
Forex
Refe rence e xcha nge rate (i n Php pe r USD) ont he mete r rea di ng date. as
published by the Bangko Sentral ng Pilipinas (SSP), www.bsp.gov.ph
Newcastlec
Precedi ng qua rter's average coa I price for 6,700kca I/kg ADB pe rthe Gloa bl
Coal Newcastle Physical Trading Index,www.globalcoal
com fin USD/MTl
Newca stieg
Base Newcastle
Transport Cost
Cost of fre ight, ins urance, brokerage, ta xes, a nd othe r costs in USD per MT
Consumption
O.68kg{kWh, escalated
En
Rate
Index
56.33
77.31
U5D per MT
USO per MT
is lower
10.
11.
12.
13.
during
Testing
and
2016
(0.63)
during
2016
Pre-Commercial
14.
15.
18.
19.
20.
21.
22.
"B'" ,
23.2. Affidavit of Service re: service of the Application
with Annexes to the Sangguniang Bayan of
Tigbuan, a copy of which is attached hereto as
Annex "C'" ,
23.3. Affidavit of Service re: service of the Application
with Annexes to the Sangguniang Panlalawigan of
the Province of Iloilo, a copy of which is attached
as Annex "D";
23.4. Affidavit of Publication stating that the instant
Application had been published in a newspaper of
general circulation, a copy of which is attached as
Annex "E'" ,
23.5. Newspaper issue where the Application appeared,
as published, a copy of which is attached as
. Annex "F";
23.6. A copy of the Board Resolution authorizing
ILECO I to jointly file the instant application with
PEDC, which is herein attached as Annex "G";
23.7. A copy of the Board Resolution authorizing PEDC
to jointly file the instant application with ILECO I,
which is herein attached as Annex "H"; and
23.8. Proof of payment of filing fees, a copy of which is
attached as Annex "I".
2016
on
ATTY. NA
J. MARASIGAN
Chief of Staff
LS: ~/~P/AP~: