Wednesday, February 15, 2017

Meralco’s RE unit offers customer-fitted solutions

Published January 20, 2017, 10:00 PM By Myrna M. Velasco

Spectrum, which is the newly unveiled renewable energy unit of Manila Electric Company (Meralco), will offer customer-fitted solutions that shall help address end-users’ energy needs.
According to Spectrum President Jose Rainier A. Reyes, the company intends “to provide tailor-fit solutions for industrial, commercial and residential customers through in-depth understanding of energy consumption behaviors, and our strategic partnerships with world-class technology partners.”
Expansive deployment of solar rooftop solutions in commercial establishments, industries and homes has been among the country’s aspirations – to be underpinned also by policies set forth for the net metering system.
Previously, executives of Meralco have been sounding off their enthusiasm to become part of this choice and option for the Filipino consumers – and this can now be concretized via its subsidiary Spectrum.
The Meralco renewable energy firm currently offers three options to customers: outright purchase, lease or managed services. On these, Reyes noted “Spectrum advances unique business model opportunities that provide customers with the flexibility to design their partnership in a way that is best suited for customers’ energy needs.”
Additionally, this will be the gigantic power firm’s vehicle into expanded foray into solar projects as well as other RE technologies like wind, hydro and biomass. For solar alone, Meralco’s initial target will be for 200 megawatts capacity that it plans to corner either through partnership deals and acquisitions or greenfield developments.
Essentially, Spectrum’s kick-off point to let targeted customers understand its vision had been the unveiling of its solar gallery at the Robinsons Mall in Novaliches, to showcase “end-to-end process of generating power via solar technology, and highlighting the benefits of solar adoption in homes and businesses.”
Robinsons Mall-Novaliches itself has partnered with Spectrum for its solar photovoltaic (PV) system within the bounds of its contracted capacity of 1.87 megawatts.

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