GEOP is one of the provisions from the Philippine government that allow qualified electricity consumers to choose their electricity. Learn more from our FAQS.
GEOP is an initiative of the Department of Energy that aims to empower business owners to choose renewable energy (RE) as their exclusive source of electricity. Learn more from our FAQS.
EDC’s subsidiary, Bacman Geothermal, Inc. (BGI), was awarded a GEOP operating permit in 2020. BGI will faciitate all necessary switching and registration requirements for its prospective customers.
GEOP market is expected to be in full commercial operations in Luzon and Visayas in 2021
Customers who switch to GEOP enjoy zero VAT on their generation!
Business owners can expect one electric bill to replace their incumbent utility’s bill. It will be transparent, segregated, and unbundled so owners can know exactly what they are paying for.
What is the GEOP?
The Green Energy Option Program (GEOP) is an initiative of the Department of Energy (DOE) that allows consumers to choose renewable energy as a power source for their business. It is afforded through Republic Act No. 9513, also known as the Renewable Energy Act of 2008.
Who can apply for the GEOP?
Existing companies that consume at least 100 kWh of electricity have the option to choose clean, reliable, and renewable energy from Energy Development Corporation.
How do I apply for GEOP?
To apply under GEOP, businesses need to fill up this form (link to GEOP partnership form) and submit proof that their average electricity demand is 100kW or higher from 6 to 12 months. An EDC representative will be in touch to assist them in this process.
How much is the per kWh charge under the GEOP?
When a customer decides to participate in GEOP, they can get savings on generation charges. The generation charge will vary depending on the monthly consumption of your business.
Do I need to pay for other fees when I apply for the GEOP with First Gen Energy Solutions?
There are no other fees required to shift to renewable energy. However, EDC will require a security deposit prior to the start of supply.
How much is the security deposit?
There is no exact amount for the security deposit. Our representatives will get in touch to calculate the amount of the security deposit based on your monthly electricity bill.
Can I revert to my electric distribution utility after I’ve contracted under the GEOP?
Yes. Contracting under the GEOP is completely voluntary and at the discretion of the customer. If you decide not to renew your GEOP contract, you can choose to revert to your electric distribution utility.
Get GEOP-related news via e-mail!
Head Office: Rockwell Business Center Tower 3, Ortigas Ave, Pasig City
Phone: (+632) 8667.EDC (8667-7332) |
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