By Lenie Lectura | Business Mirror
Businesses may now choose renewable energy and get them directly from licensed retail electricity suppliers like EDC’s BacMan Geothermal, Inc.
De La Salle Lipa (DLSL) has renewed its power supply contract with Energy Development Corporation (EDC) for another two years.
DLSL has been enjoying reliable power at cost-competitive rates since it first shifted to renewable energy with EDC in 2017. Being powered by EDC’s Geo 24/7 from its BacMan Geothermal Inc. facility has enabled DLSL to avoid 3,870 tons of carbon dioxide equivalent (CO2e).
Dr. Erickson Martinez, Chancellor for De La Salle Lipa, represented the university during a virtual signing ceremony while EDC was represented by Marvin Kenneth S. Bailon, head of EDC’s Business Development-Market Planning and Contracts.
“Our goal of creating a sustainable future for generations to come includes providing our students with a learning environment that preserves our planet and getting power from renewables through First Gen and EDC is a crucial part of it,” said DLSL President and Chancellor, Br. Dante Jose Amisola, FSC.
Energy Development Corporation, First Gen Corp.’s 100% renewable energy (RE) subsidiary, has over 1,480MW total installed capacity that accounts for 20% of the country’s total installed RE capacity. Its 1,181MW geothermal portfolio accounts for 62 percent of the country’s total installed geothermal capacity and has put the Philippines on the map as the third-largest geothermal producer in the world.
“We are pleased to continue helping DLSL fulfill its sustainable development goals amid the COVID-19 pandemic. This partnership helps us fulfill our mission of forging collaborative pathways for a decarbonized and regenerative future, which essentially calls for us to create an exponential positive impact on the environment and society,” said Bailon.
DSLS has an average monthly electricity consumption of at least 100 kilowatts. It can now choose to get power from RE sources, via the government’s Green Energy Option Program (GEOP).
Shifting to RE through licensed GEOP providers like First Gen and EDC’s Geo 24/7 allows entities to lower not only their electricity cost but also their carbon footprint, which is a crucial part of the solution to the climate crisis.
The Energy Development Corporation (EDC) is a pioneer in generating 100% clean, renewable, and reliable power as an electricity supplier in the Philippines for over 40 years. With power plants all over Visayas and Mindanao, the company is one of the biggest producers of geothermal energy in Asia and is expanding its reach in the international market, allowing it to offer customers affordable energy rates. EDC also strives to provide the best customer service it can to all its clients by having helpful salespeople and easy to understand contracts. Because of all of this, it is poised to become the premier supplier of electricity for the Philippines’ Green Energy Option Program. EDC takes its mission as a renewable energy provider seriously and goes beyond sustainability by investing in programs that enhance the environment and empower its partner communities, thereby fostering regenerative development. The company has also been working toward being carbon-neutral by improving its energy efficiency, as well as implementing various greening projects to ensure that its mission to provide future generations with a better life remains intact.