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Visayan Electric terminates 3 power contracts

Visayan Electric terminates 3 power contracts
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Higher electricity bills expected in Metro Cebu

Higher electricity bills expected in Metro Cebu
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Visayan Electric: No rotating brownouts in franchise area

SunStar
Visayan Electric: No rotating brownouts in franchise area
ENOUGH POWER SUPPLY. The Visayan Electric says rotating brownouts in the Visayas will be minimal to none as it has enough power reserves and has partnered with the Cebu Private Power Corp. which can back it up in case of tight grid supply. (SunStar File)
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June 04, 2021
THE Visayan Electric has assured its customers that the rotating brownouts that have happened in Luzon due to power supply problems will not happen in its franchise area.
President and chief operating officer Raul Lucero said while there is enough power in the Visayas Grid, Visayan Electric also has an existing contract with a diesel power plant, Cebu Private Power Corp. (CPPC), whose role is to provide peaking and dispatchable power to Visayan Electric especially in times of tight grid supply. ....

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Bzzzzz: Cebu City might no longer buy its own, if national government would supply all vaccines... Sanggunian to meet ERC chief, Veco separately on power rates issue.

Bzzzzz: Cebu City might no longer buy its own, if national government would supply all vaccines... Sanggunian to meet ERC chief, Veco separately on power rates issue.
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EXPLAINER: City Council to 'consult' Veco, business, consumer groups on electricity cost. Yet, ERC already ordered the firm to explain and, earlier, Veco twice promised to lower rates

SunStar
CEBU
EXPLAINER: City Council to consult Veco, business, consumer groups on electricity cost. Yet, ERC already ordered the firm to explain and, earlier, Veco twice promised to lower rates
SunStar File
May 07, 2021
THE Cebu City Council has decided that its committee on energy will discuss with Visayan Electric Company (Veco) officials and representatives of Cebu Chamber of Commerce and Industry (CCCI) and local consumer groups the growing complaints against the rise in electricity bills, especially during the pandemic. The date still has to be announced.
The resolution, moved in its Wednesday (May 5) regular session by Minority Floor Leader Nestor Archival but passed with no objection, would have the committee find out why Veco has been allegedly buying more than 50 percent of its power supply from companies owned or affiliated with the owners of Veco. ....

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