Power sales up 4% in Jan-Mar 2018

By Jordeene B. Lagare – January 18, 2019
from The Manila Times

ELECTRICITY sold by electric cooperatives (ECs) increased by 4 percent to 5,136 gigawatt hours (GWh) in the second quarter of 2018, the National Electrification Administration (NEA) said on Wednesday. In a statement, NEA said sales for the quarter is higher than the 4,924 GWh posted in January to March. Of the total, 2,610 GWh was registered in Luzon; 1,133 GWh, in the Visayas; and 1,393 GWh, in Mindanao. The residential sector consumed electricity the most at 2,670 GWh or 52 percent, followed by the commercial sector (1,130 GWh or 22 percent), industrial (976 GWh or 19 percent), public buildings (257 GWh or 5 percent), and others (103 GWh or 2 percent). Because of higher energy sales, ECs’ operating revenues climbed by 14 percent to P52.616 billion in the period from P46.126 billion in the first quarter. This brought their total operating revenues to P98.742 billion from January to June 2018.