Executive vice president and COO Ronnie Aperocho said the utility is preparing measures to limit the impact of potential supply disruptions and rising fuel costs.
“Amid heightened geopolitical tensions in the Middle East and the potential ripple effects on global fuel markets, Meralco is proactively implementing all necessary measures to shield our customers from possible supply disruptions and upward pressure on electricity prices.”
Holding generation costs
The power distributor said it is coordinating with suppliers to keep generation charges at least-cost while maintaining reliability across its system.
“We are closely coordinating with our power suppliers to keep generation charges at least-cost while prioritizing reliability across our system.”
Managing price volatility
Meralco said it is also limiting its exposure to the volatile Wholesale Electricity Spot Market and securing lower-cost replacement power when needed.
“We are carefully managing our exposure to the Wholesale Electricity Spot Market (WESM), where price volatility is high.”
Preparing the grid
The company is also encouraging energy efficiency and wider participation in the Interruptible Load Program as a safeguard if power supply tightens.
“We remain fully committed to facing these uncertainties with care and foresight so Meralco can continue providing reliable power and supporting our customers through these challenging times.”
—Edited by Miguel R. Camus
