GREEN ENERGY OPTION PROGRAM

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It is a Renewable Energy (RE) Policy Mechanism that will empower businesses with electricity demand of 100kW and up for the last 12 months to choose renewable energy (RE) as their exclusive source of electricity.

Who we are?

A proud member of the EEI Family and the Yuchengco Group of Companies.

A wholly-owned subsidiary of EEI Power Corporation, a power generation company which has more than 120 MW of clean energy in its portfolio.

Acquired its Renewable Energy Supplier Operating Permit from the Department of Energy on September 16, 2021.

 

GREEN ENERGY OPTION PROGRAM

01

It is a Renewable Energy (RE) Policy Mechanism that will empower businesses with electricity demand of 100kW and up for the last 12 months to choose renewable energy (RE) as their exclusive source of electricity.

GEOP IN 3 EASY STEPS

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STEP 1 Customer will: Customer will select an RE supplier: STEP 2 Customer will: STEP 3 -Inform DU about interest in the GEOP Program

-Request for a TOU meter from the DU.
-Submit power bills from the last 12 months to an RE supplier for evaluation

-RE supplier will draft an offer based on data from the submitted power bills.

-Sign GEOP supply contract with chosen RE supplier.
-Enter a DWSA with GEOP end-user’s DU

-Get approval from the CRB for the switch.
RE supplier will : -Inform DU 30 days prior to the effectivity of GEOP supply contract

-Sign CA with DU and TSA with NGCP

SOLAR ROOFTOP OFFERINGS

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EEI Power offers two (2) options for solar rooftop installations:

SOLAR EPC (“CAPEX Purchase”)

  • EEI Power does design, engineering, installation and test & commissioning
  • Entails upfront investment on the side of the customer who will be owning the system
  • Free system operation & maintenance during the 1-year workmanship warranty period
  • Comes with product warranties
  • Flexible payment terms available for residential customers

SOLAR LEASE (“OPEX Contract”)

  • No upfront cost, monthly payment based on solar production
    (Php/kWh)
  • EEI Power will own the solar PV system during the lease term
  • EEI Power will operate and maintain the asset during the lifetime of the contract
  • Ownership will be transferred to the customer at the end of the lease term at NO COST! (BOOT arrangement)
  • Available only for commercial & industrial customers