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  • Pollescas receives commendation from SBMA
    August 20, 2008

    by Raymund Tamayo

    Subic EnerZone Corporation (SEZ) VP and General Manager Dante Pollescas recently received a certificate of commendation from the Subic Bay Metropolitan Authority (SBMA) for providing technical assistance in restoring the communication, navigation and surveillance function of the Subic Bay International Airport (SBIA) last July 16.

Unbundled Bill

1.   What is Distribution Charges? 

is the cost of building, operating and maintaining the distribution system of SEZ, which brings power from high-voltage transmission grids, to commercial and industrial establishments and to residential end-users;this includes cost of poles, wires,    transformers, etc.,  Administrative costs and customer services like meter reading, billing and collection and the allowable rate of return of investment.

2.   What is Generation charges?

Is the composite cost of power generated and sold to SEZ by National Power Corporation and Mirant Philippine Industrial Power II Corporation – Independent Power Producers (IPPs).

3.   What is Universal charges?

This is a non-bypassable charge remitted to the Power Sector Assets and Liabilities Management (PSALM) corporation, owned and controlled by the government, and created by the R.A. 9136.  Two of these are now in you SEZ bill, i.e. missionary electrification and environmental charges:

    1. Missionary electrification- is the charge for the provision of basic electricity service in unviable areas with the ultimate aim of bringing the operations in these areas of viability levels.
    2. Environmental charge-is a charge to create a fund to be used solely for watershed rehabilitation and management
    3. NPC stranded debts-is the unpaid financial obligations of NPC which have not been liquidated by the proceeds from the sales and privatization of NPC assets.
    4. NPC stranded contract costs-is the difference between the cost of power contracted by NPC with IPP(approved by the then Energy Regulatory Board as of December 31, 2000) and the actual cost at which power was bought in the market
    5. Distribution utilities (DU) stranded costs-is a payment of for the stranded debts and stranded contract costs of eligible contracts of distribution utilities
    6. Equalization of taxes and royalties-is a charge to equalize taxes and royalties applied to indigenous or renewable sources of energy vis a vis imported energy fuels
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