//
you're reading...
SMIPP

Manila Electric Company (PSE: MER)

Fundamental Enthusiast

Business Profile

Manila Electric Company (MER, the Company) is the largest electricity distributor in the country providing power for over 5 million customers in 31 cities and 80 municipalities. The Company was awarded with the 25-year franchise covering an area of 9,337 km2 in 2003. To illustrate MER’s business:

The Company buys electricity from the Whole Sale Electricity Spot Market and power plants. MER then sells it to customers with no profit but just enough to cover the costs. The cost of electricity in the said process is called pass-through charges. Pass-through charges are revenue neutral or in other words, it does not add to profit nor does it cause losses to the Company. MER generates revenues through the collection of distribution charges. It is the costs paid by customers for using MER’s transmission lines and its services.

MER’s Strategy for Growth

The Company intends to source…

View original post 688 more words

Advertisements

About SMIPP Ltd.

SMIPP Ltd is a DG Independent Power Plant Private Joint Stock Company. 25-60 MW Gas Turbines Power Generators

Discussion

Comments are closed.

Calendar

November 2012
M T W T F S S
« Sep   Dec »
 1234
567891011
12131415161718
19202122232425
2627282930  
Follow SMIPP Ltd. on WordPress.com

Enter your email address to follow this blog and receive notifications of new posts by email.

Join 231 other followers

Categories

share this blog

Bookmark and Share

Archives

Follow me on Twitter

Today In Energy

%d bloggers like this: