NPC posts 25% growth in energy sales
Manila Bulletin
July 4, 2006
The level of revenues generated by state-owned National Power Corporation from delivered electricity to customers jumped by a significant 25.26 percent due to higher selling rates and increase in demand.
Data from its sales and services group indicated that its energy sales yielded P36.48 billion from January to March as compared to P29.13 billion in the same period last year.
The Luzon grid cornered the biggest chunk of the sales with revenues hitting P28.17 billion, higher by 25.89 percent from the previous year’s P22.38 billion.
Visayas and Mindanao similarly contributed to the revenue jump with P3.83 billion and P4.48 billion, respectively; as against their posted earnings of P3.16 billion and P3.59 billion last year.
"The higher revenues are atttributed to the 6.33 percent growth in NPC’ sales volume," the power firm said; adding that the other factor rested on the Energy Regulatory Commission’s approval of its bid for a higher rate on return base (RORB) which effectively pulled up its generation charges starting last year.
July 4, 2006
The level of revenues generated by state-owned National Power Corporation from delivered electricity to customers jumped by a significant 25.26 percent due to higher selling rates and increase in demand.
Data from its sales and services group indicated that its energy sales yielded P36.48 billion from January to March as compared to P29.13 billion in the same period last year.
The Luzon grid cornered the biggest chunk of the sales with revenues hitting P28.17 billion, higher by 25.89 percent from the previous year’s P22.38 billion.
Visayas and Mindanao similarly contributed to the revenue jump with P3.83 billion and P4.48 billion, respectively; as against their posted earnings of P3.16 billion and P3.59 billion last year.
"The higher revenues are atttributed to the 6.33 percent growth in NPC’ sales volume," the power firm said; adding that the other factor rested on the Energy Regulatory Commission’s approval of its bid for a higher rate on return base (RORB) which effectively pulled up its generation charges starting last year.
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