Issue of September 8, 2019
     
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Benguet
Ifugao
Mt. Province
 
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SNAP, community ink agreement on ER1-94
by Press release

Renewable energy company, SN Aboitiz Power (SNAP), signed the memorandums of agreement for the implementation of amended Energy Regulations 1-94 (ER 1-94), signaling the start of a streamlined process of releasing financial benefits from power generators to local governments.

SNAP is set to turn over more than P10.5 million to its host communities based on the total attributable energy sales of its Ambuklao, Binga, Magat, and Maris hydro facilities.

Local chief executives from the provincial, municipal, and barangay levels were present during the MOA signing ceremonies on Sept. 5.

For SNAP-Benguet, the delegation was led by Gov. Melchor Diclas.

For SNAP-Magat, Ifugao Gov. Jerry Dalipog, Isabela Board Member Edward Isidro, and Nueva Vizcaya Gov. Carlos Padilla also showed their support for the program.

ER 1-94 program is a policy under the Department of Energy Act of 1992 and Electric Power Industry Reform Act of 2001.

The program seeks to recompense for the contribution made by the communities hosting energy resources and/or energy generating facilities. These host communities will get a share of one centavo for every kilowatt-hour sold by power generation plants operating in their areas.

Of the one centavo per kilowatt-hour, 50 percent will be used in the energization of the community; 25 percent will be earmarked for the Development and Livelihood Fund (DFL); and the other 25 percent will be allocated for Reforestation, Watershed Management, Health and/or Environment Enhancement Fund (RWMHEEF).

Through DOE Department Circular 2018-08-0021, power generation companies can now directly download ER 1-94 funds related to DFL and RWMHEEF to their host communities. Streamlining the release of funding will ease the process of relevant implementing projects that benefit the host communities.

“We thank the Department of Energy for being steadfast in their commitment to streamline the implementation of ER 1-94. Through this improved process, host communities may now immediately reap their share of the company’s revenue from hosting generation facilities,” said SNAP President and CEO Joseph S. Yu. “We are excited to witness and to continuously partner for the conscious and consistent positive change that these additional funds will bring to our communities.”

We welcome this MOA as it signifies the streamlined process by which host communities are able to secure funds for important projects in areas such as health and livelihood. We thank the DOE and SNAP-Benguet for facilitating this MOA signing,” said Gov. Diclas in the ceremony held at the Benguet Capitol in La Trinidad.


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