AboitizPower is the Philippines’ leading provider of renewable energy, advancing business and communities towards A Better Future.
ER 1-94, Giving Back to the Community
Energy Regulations No. 1-94 (ER 1-94) was enacted to make sure that host communities get a reasonable share of the profit from power plants operating in their area. The policy guidelines fall under the Department of Energy Act of 1992 in conjunction with the Electric Power Industry Reform Act of 2001 (EPIRA).
ER 1-94 states that these communities will receive one centavo for every kilowatt-hour (P0.01/kWh) generated. These funds can be used by host beneficiaries for the electrification of areas or households that have no access to power and livelihood programs. This includes reforestation, watershed management, health, and environmental enhancement initiatives.
On August 23, 2018, ER 1-94 was amended through the Department Circular No. 2018-08-0021, which now allows AboitizPower to directly remit financial benefits to its host communities.
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ER 1-94 Success Stories
Aboitiz Power Corporation’s fund remittances to its host communities have reached P508.2 million to date, highlighting the organization’s commitment to supporting its stakeholders and helping the country recover from the impact of COVID-19.
The Energy to Forge Forward: Therma South aids in COVID-19 relief, one dose of #PositiveEnergy at a time
COVID-19 has brought upon unprecedented times. The pandemic has shown no regard for class or creed, and continues to affect the lives of Filipinos. Over a hundred days in quarantine, with no end in sight, the country and its people hope for the ordeal to pass sooner.
As local government units (LGUs) face great challenges in battling the effects of COVID-19, it is necessary to maximize all available resources in order to protect and support their constituents.