Electricity power price hike seen by 2015

Energy price hikes of about 25 centavos per kilowatt hour are expected by year 2015, according to House of Representatives Committee on Energy Chairmen Reynaldo Umali. Private companies are thus advised to use generators or interruptible load programs as aid to the crisis.

Under the interruptible load program (ILP), customers with large loads like commercial establishments will be asked to operate their own generator sets.  This is if the grid operator projects a need to augment generation capacity in the grid. Through the ILP, the total demand for power from the system will be reduced to a more manageable level, helping ensure the availability of supply during the season.