Connect with us

Hi, what are you looking for?


DoE clears six firms to serve customers who opt for ‘green’ energy

By Angelica Y. Yang

SIX suppliers of renewable energy, including entities led by Aboitiz and Ayala businesses, have been granted permits to participate in the country’s “green energy option” program, giving them the lead in offering electricity to consumers who prefer cleaner power sources.

On Wednesday, the Department of Energy (DoE) posted on its website the names of the six eligible companies, namely: Bacman Geothermal, Inc.; First Gen Energy Solutions, Inc.; SN Aboitiz Power-Magat, Inc.; SN Aboitiz Power-Res, Inc.; AC Energy Philippines, Inc.; and the Sparc-Solar Powered Agri-Rural Communities Corp.

Mylene C. Capongcol, director of the DoE’s Renewable Energy Management Bureau (REMB), said the six companies are the first ones to file operating permits for the green energy option program, or GEOP.

“Their applications are evaluated based on the guidelines issued by the DoE,” she said in a quoted in a statement provided by the department’s public affairs office via Viber on Wednesday.

The program, which was launched in 2018, is a voluntary policy mechanism that allows consumers with at least 100 kilowatts (kW) of usage to source their supply from a retail energy supplier (RES), based on a DoE circular issued about three years ago.

Before joining the GEOP, suppliers must secure an operating permit from the DoE’s REMB. A GEOP operating permit authorizes a firm to supply electricity to a qualified end-user.

Asked whether the six firms were the only ones allowed to supply green energy, Ms. Capongcol said: “No, we are not limiting to the six RE suppliers. Our issuance of GEOP Operating Permits follows prescribed criteria as per our issued policy.”

In April last year, the DoE issued the guidelines for suppliers that wanted to participate in the program.

In September, Ms. Capongcol said that the department would be awarding its first operating permit to a retail electricity supplier.

Based on a department circular titled “Guidelines governing the issuance of operating permits to renewable energy suppliers under the green energy option program,” suppliers under the GEOP are required to:

• Comply with the terms and conditions of the operating permit, circular provisions and GEOP rules;

• Submit annual reports to the REMB on or before Jan. 30;

• Ensure that the total power from its facilities are greater or equal to the total kilowatt hour (kWh) sold to its consumers;

• Register in the Wholesale Electricity Spot Market and with the Central Registration Body before supplying power to end-users; and

• Register with the RE Registrar.

The GEOP allows more end-users to access clean power from qualified RE firms.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!



More than half of all Londoners have either started their own business or aspire to do so in 2023, compared to nearly a third...


The John Lewis Partnership has struck a £500m deal with the investment firm Abrdn to build 1,000 residential rental homes, redeveloping three sites already...


The first four scale-up visa licences have been approved by the Home Office three months after the scheme began, prompting lawyers to question the...


Barclays has been fined £8.4 million by the payments industry watchdog for failing to be transparent with retailers about the fees they were being...


Ministers have called on Britain’s biggest rail union to be “altruistic” and suspend strike action over Christmas and new year amid warnings that it...


Filipino writers, poets, and playwrights play an important role in countering and correcting falsehoods running rampant in an extremely polarized public sphere, said Dr....

You May Also Like


The minute that any question pops into your head, you can simply ask Google. No longer do we have to pour over books and...


Having a good Instagram marketing agency to back up your Instagram account is an absolute must going into the new year. With competition stronger...


Browsing history makes referring to sites and pages you’ve visited in the past seamless. It’ll help you recall what page you checked out on...


Insomnia is the most common sleep disorder in the global population. Therefore, it is a problem that many people suffer or have suffered throughout...

Disclaimer:, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2021 SmartRetirementReport. All Rights Reserved.