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Showing posts with label CODB. Show all posts
Showing posts with label CODB. Show all posts

30 December 2014

Subic Enerzone seeking higher power tariff at P1.5625/kwh

Subic Enerzone Corporation, which has been serving more industrial-dense subscribers primarily in the freeport zone, is seeking an upward adjustment in its power distribution tariff to P1.5625 per kilowatt-hour (kwh) from what was previously approved at P1.4905 per kwh.

The Energy Regulatory Commission (ERC), in its notice for publication of the SEZ’s filing, noted that the distribution firm has recomputed its maximum average price (MAP) for regulatory year 2015 and it arrived at a higher figure.

The ERC emphasized that in the rate translation, the SEZ “has recalculated the MAP for the regulatory year 2015, without taking into account side constraints, at P1.5625 per kwh.”

For residential customers of SEZ, it was laid down that the estimated distribution charge will amount to P1.8815 per kwh; supply charge will be at P0.2414 per kwh; while metering charge will be at P0.1981 per kwh.”

To the level of the industrial end-users, SEZ’s proposed pass-on rates will be: P0.6346 per kwh; P301.81 per kilowatt; supply charge at P4,919 per customer/month; and metering charge at P1,758.94 per customer/month.

The SEZ has noted that “the approval of the instant application will allow it to fulfill its obligations under the PBR (performance-based regulation)” – referring to the methodology in setting electricity tariffs for regulated power entities.

It added that an immediate regulatory approval shall also allow it to “implement in a timely manner its capex (capital expenditures) and OPEX (operating expenses) programs for the regulatory year 2015.”

If that is accomplished, the Subic utility firm stressed that it would be able to “avoid losses which may ultimately result in the deterioration of services to its customers.”

The ERC thus scheduled a public hearing on the SEZ’s recalculated tariff application on January 9, 2015 at the Subic Freeport Zone in Olongapo City.

“SEZ and all interested parties are directed to submit, at least five days before the date of the initial hearing and pre-trial conference, their respective pre-trial briefs,” the ERC has stipulated in its hearing notice.

This is already the fourth year of the utility firm’s second regulatory reset under the forward-looking approach of rate regulation via the PBR scheme. (Myrna Velasco, Manila Bulletin)

http://www.mb.com.ph/subic-enerzone-seeking-higher-power-tariff-at-p1-5625kwh/

28 May 2014

Slowest in ASEAN: Faster internet speed pressed

Senate President Pro Tempore Ralph G. Recto is urging government to also mandate internet service providers (ISPs) and telecom companies to increase the minimum speed of their internet service to 10 Mbps (megabits per second) from the current internet speed of 3.4 Mbps.

Recto said with 3.4 Mbps, the country has the slowest internet speed in South East Asia followed by Indonesia with 4.1 Mbps, Malaysia at 5.5 Mbps, with Singapore as being the fastest in the ASEAN region with a lightning internet speed of 61.0 Mbps.

The global internet speed to download information and pictures from the worldwide web is 18.4 Mpbs.

“Unfortunately, the Philippines ranks at the tail-end of world broadband speed rankings and is also tagged as one of the most expensive,” Recto said.

The Senate leader added: “The national march towards a broader internet or Wi-Fi access should be in cadence with a decent internet speed. Aanhin mo ang Wi-Fi kung puro ka naman antay?”

Recto said Filipino internet users are also paying more than their ASEAN counterparts with a monthly average of $24.92 or roughly P1,120 compared to the fraction spent by other nationalities.

He said his Senate Bill (SB) 2238 dubbed “Bilis Konek Act of 2014” would empower the National Telecommunications Commission (NTC) to require a minimum internet speed for all ISPs and telcos offering internet service of 10 Mbps for mobile broadband/internet access.

The speed should be faster at 20 Mbps when it comes to fixed and fixed wireless broadband/internet access or those installed at home. The transition to a faster internet speed would be two years after the enactment of the law.

“This bill recognizes the importance of high-speed internet connections in increasing productivity and the growing demands for connectivity,” he said, noting that faster internet has correlation to economic growth according to a foreign report.

Recto stressed mandating a minimum internet speed makes sense since the country aside from being the "Texting Capital of the World" was also named by the Global Web Index as having the Fastest Growing Internet Population with a 531% growth in the last five years.

“If the Human Rights Council of the United Nations General Assembly declares internet access as a basic human right, internet users should also have the right to faster internet -- call it internet on steroids,” he said.

Recto has also filed SB 2232, which seeks the roll out of free Wi-Fi access to all public places in the National Capital Region (NCR) as a companion measure to his "Bilis Konek Act."

Recto said an NCR-wide free internet access would provide equal opportunity to all, especially the marginalized members of society and promote efficiency and productivity in businesses.

“Providing free internet access to public buildings and facilities in the national capital will also ensure that our growing labor force will be updated with employment opportunities,” Recto said in filing SB 2232.

He said a free internet access to the public would “mean providing access to the underserved in our society, including getting low-income people online.”

A free Wi-Fi service, according to him, would also give access to vital information available online such as school information for students; traffic reports and alternative routes for motorists; latest weather bulletins, basic goods prices such as oil and gas; and, updates on government services.

Recto said his proposed bill, if enacted into law, would mandate free internet use to the following public areas in the entire NCR:

· All national and local government offices
· Public health services and hospitals
· Public elementary and high schools, and state colleges and universities
· Ninoy Aquino International Airport (Terminals I, II, III and IV)
· Public libraries
· Tollways and expressways
· Epifanio de los Santos Avenue (EDSA) and other national roads
· Public transport terminals
· Port of Manila; and
· Rail transit stations (LRT Line 1, MRT Line 2, MRT Line 3, and PNR south rail).


He assured that once seamlessly in place in Metro Manila, other major cities in the country should be also accorded with free Wi-Fi service.

The Recto bill mandates the Information and Communications Technology Office (ICTO) of the Department of Science and Technology (DOST) as the lead agency. (RBB/SNL)