While most of the community quarantines have now been gradually eased, the battle against the pandemic are far from over. To further help the locals recover, Hedcor, a subsidiary of AboitizPower, assisted its host communities in Mindanao to avail of the accumulated P9.9 million of generation shares under the ER 1-94 policy of DOE’s Electric Power Industry Reform Act (EPIRA).
The accumulated P9.9 million are remittances from 2018 and 2019. Hedcor group’s remittances before 2018 that are with the Department of Energy are yet to be remitted by the agency to the Local Government Units’ bank accounts.
The ER 1-94 program supports Hedcor’s host communities to get a share of one centavo for every kilowatt-hour (P0.01/kWh) generated by Hedcor’s plant facility in the area. Generating Cleanergy, its brand for clean and renewable energy, Hedcor is able to further advance its partner communities.
Originally, the generation shares of ER 1-94 program prioritizes projects on electrification, development and livelihood, and reforestation, watershed management, health and environment enhancement. Due to the outbreak however, DOE issued Department Circular 2020-004-00080, dictating that the ER 1-94 funds received by host communities may now be used in full for efforts towards managing the effects of COVID-19.
The said funds are to be enjoyed by over 12 barangays, four cities and municipalities, the province of Davao del Sur and Bukidnon, and Region XI. This is on top of Hedcor’s three-wave relief assistance which prioritized ready-to-eat goods and medical supplies distribution.
Combined with the efforts in Luzon, the total funds available for Hedcor’s host communities’ across the country is at P20.1 million.