^
+ Follow ECOZONE RATE PROGRAM Tag
ECOZONE RATE PROGRAM
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 874433
                    [Title] => Meralco’s off-peak rates to expire next year
                    [Summary] => 

Manila Electric Co. (Meralco) customers that take advantage of the cheap off-peak rates will likely face higher costs next year with the expiration of special rates from National Power Corp. (Napocor).

 

[DatePublished] => 2012-11-27 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1539221 [AuthorName] => Neil Jerome Morales [SectionName] => Metro [SectionUrl] => metro [URL] => ) [1] => Array ( [ArticleID] => 867257 [Title] => Meralco customers projected to save 18¢ per kwh [Summary] =>

Manila Electric Co. (Meralco) said customers will save around 18 centavos per kilowatt-hour (kwh) in their bills as new power supply agreements (PSAs) forged with generators will ensure that the power utility giant will rely less on expensive electricity in the wholesale spot market.

[DatePublished] => 2012-11-16 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1200718 [AuthorName] => By Neil Jerome Morales [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 820326 [Title] => European firms prepare for removal of power subsidy [Summary] =>

European companies in economic zones are investing in power efficiency technologies to cope with the transition to the new power regime that is expected to be implemented in ecozones this year.

[DatePublished] => 2012-06-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 768690 [Title] => PEZA allots P1.2 billion for ecozone power subsidies [Summary] =>

Locators in the Philippine Economic Zone Authority (PEZA) will receive P1.2 billion per year in power subsidies as part of the government’s thrust to provide cheaper electricity rates to big investors.

[DatePublished] => 2012-01-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1480108 [AuthorName] => Ma. Elisa Osorio  [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 767867 [Title] => Government allots P500M/year for industry competitiveness fund [Summary] =>

The government has allotted half a billion yearly for the industry competitiveness fund (ICF) to help big ticket investors operating in ecozones outside the Philippine Economic Zone Authority (PEZA) cope with high electricity costs.

[DatePublished] => 2012-01-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1480108 [AuthorName] => Ma. Elisa Osorio  [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 766006 [Title] => DTI seeks way to ease power rate hike in ecozones [Summary] =>

The Department of Trade and Industry (DTI) vowed that it will find a way to maintain the power rates in the economic zones amidst reports that the new scheme the government is working on will force firms to pay a higher power rate.

[DatePublished] => 2012-01-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1480108 [AuthorName] => Ma. Elisa Osorio  [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 761991 [Title] => Meralco welcomes ecozone discount extension [Summary] =>

Manila Electric Co. (Meralco) has welcomed the government’s decision to extend the transition supply contract (TSC) between Meralco and the National Power Corp. (Napocor), the Customer Choice Program (CCP) and the Ecozone Rate Program (ERP).

[DatePublished] => 2011-12-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 757449 [Title] => DTI organizes bilateral deals between ecozone locators, power firms [Summary] =>

The Department of Trade and Industry (DTI) is organizing bilateral agreements between economic zone locators affected by the lapse of the Ecozone Rate Program (ERP) and power producers which do not use WESM like Angat in order to help protect the firms from high electricity costs.

[DatePublished] => 2011-12-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1480108 [AuthorName] => Ma. Elisa Osorio  [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 746683 [Title] => Gov't seeking other options to extend sp'l power rates to ecozone firms [Summary] =>

The government is looking to extend the special power rate being given to economic zone locators although not through an arrangement with the National Power Corp. (Napocor), the country’s top energy official said.

[DatePublished] => 2011-11-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 746018 [Title] => PEZA appeals PSALM decision on ecozone power rates [Summary] =>

The Philippine Economic Zone Authority (PEZA) is asking President Aquino to intercede and ask PSALM to reconsider its decision not to extend the Ecozone Rate Program (ERP) because the removal of the special rate may result in irreparable damage in the economy and the country’s competitiveness as an attractive investment destination.

[DatePublished] => 2011-11-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1480108 [AuthorName] => Ma. Elisa Osorio  [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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