Power Supply Procurement Plan

[2024]

FIRST LAGUNA ELECTRIC COOPERATIVE, INC.

(FLECO)
Historical Consumption Data
MWh
Coincident MWh MWh Transm'n System
WESM MWh Input System Load Factor Discrepancy
Peak MW Offtake Output Loss Loss
Loss
2000 0.00 0 0 0 0 0 #DIV/0! #DIV/0! #DIV/0! #DIV/0!
2001 0.00 61,804 0 61,804 46,990 14,814 #DIV/0! 0.00% 0.00% 23.97%
2002 0.00 64,818 0 64,818 50,048 14,770 #DIV/0! 0.00% 0.00% 22.79%
2003 0.00 72,930 0 72,930 55,827 17,103 #DIV/0! 0.00% 0.00% 23.45%
2004 0.00 76,568 0 76,568 58,615 17,953 #DIV/0! 0.00% 0.00% 23.45%
2005 0.00 74,077 0 74,077 57,668 16,409 #DIV/0! 0.00% 0.00% 22.15%
2006 13.66 71,279 0 71,279 54,880 16,399 60% 0.00% 0.00% 23.01%
2007 13.51 74,392 0 74,392 56,769 17,623 63% 0.00% 0.00% 23.69%
2008 13.62 74,927 0 74,927 56,555 18,372 63% 0.00% 0.00% 24.52%
2009 13.93 77,009 0 77,009 63,432 13,577 63% 0.00% 0.00% 17.63%
2010 14.41 80,994 0 80,994 68,983 12,011 64% 0.00% 0.00% 14.83%
2011 14.79 78,836 7,965 78,836 68,352 10,484 61% 0.00% 0.00% 13.30%
2012 14.91 83,444 10,384 83,444 72,225 11,219 64% 0.00% 0.00% 13.44%
2013 16.16 88,797 49,204 88,591 77,087 11,504 63% 0.00% 0.23% 12.99%
2014 16.80 90,584 33,701 90,367 79,605 10,762 61% 0.00% 0.24% 11.91%
2015 17.76 97,694 26,561 97,356 85,169 12,187 63% 0.00% 0.35% 12.52%
2016 18.80 108,395 25,988 107,981 94,814 13,167 66% 0.00% 0.38% 12.19%
2017 20.06 113,002 31,259 112,543 99,430 13,113 64% 0.00% 0.41% 11.65%
2018 19.83 117,235 19,502 116,695 104,183 12,512 67% 0.00% 0.46% 10.72%
2019 21.36 123,798 19,904 123,345 111,398 11,947 66% 0.00% 0.37% 9.69%
2020 21.44 128,547 21,740 128,063 115,984 12,079 68% 0.00% 0.38% 9.43%
2021 23.80 135,912 15,461 135,355 122,902 12,453 65% 0.00% 0.41% 9.20%
2022 22.78 142,207 12,511 141,591 128,657 12,934 71% 0.00% 0.43% 9.13%
2023 25.18 154,697 14,958 153,631 140,234 13,397 70% 0.00% 0.69% 8.72%

Peak Demand decreased from 20.06 MW in 2017 to 19.83 MW in 2018 by 1.15 percent owing to the malfunction of the Lumban 1 5MVA
Transformer. MWh Offtake increased by 3.75 percent in the same year, from 113,002 MWh to 117,235 MWh, due to the steady growth
of residential and big load consumers. Within the same time frame, Load Factor varied between 64% and 67%. It should be noted that
data on coincidental peak demand from 2001 to 2005 is missing. This could be due to a database migration or misfiled records. During
the DDP deliberation last August 2023, the DOE instructed to reflect Sale-For-Resale data, leading to inconsistencies in the sales data
from July 2021 to December 2022 in the posted and approved 2023 PSPP. As for the segregated system loss, due to the extensive
volume of data, the cooperative is still in the process of sanitizing the Sta. Maria and Mabitac feeders’ data. Therefore, this data is currently
unavailable.
 Historical Consumption
180,000 30.0
160,000
25.0
140,000
120,000 20.0
MWh

100,000

MW
15.0
80,000
60,000 10.0
40,000
5.0
20,000
0 0.0

Year

MWh Output MWh System Loss Coincident Peak MW

MWh Output increased by 4.83 percent from 2008 to 2009, while MWh System Loss dropped by
12.16 percent during the same period.

Historical Losses
30.00%
25.00%
20.00%
15.00%
10.00%
5.00%
0.00%
2007
2008
2000
2001
2002
2003
2004
2005
2006

2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023

Year

Transm'n Loss System Loss

Historically, Transmission Loss varied between 0.23% and 0.43%, whereas System Loss varied
between 23.97% and 9.20%. In 2018, transmission loss peaked at 0.46% due to a faulty primary
winding of the 5MVA Power Transformer at Lumban 1. System Loss reached a peak of 23.97% in
2001 due to inadequate system loss mitigation strategies.
 Previous Year's Shares of Energy Sales
Others
5.84%

Industrial
14.17%
Commercial
13.75%
Residential
66.24%

Residential customers account for the bulk of energy sales at 66.24% due to the high number of
connections. In contrast, others customers (Public Building, Streetlights) accounted for only 5.84%
of energy sales due to low number of connections.

MWh Offtake for Last Historical Year

16,000
14,000
12,000
10,000
MWh

8,000
6,000
4,000
2,000
0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Month

WESM 2012-003 RC 2017-007 RC

For 2023, the total Offtake for the last historical year is greater than the quantity specified in the
PSA. The majority of MWh Offtake is accounted for by the PSA with GNPower Mariveles Energy
Center Ltd. Co. (GMEC) (previously GNPower Mariveles Coal Plant Ltd. (GMCP).
 WESM Share Over Time
200,000
150,000
MWh

100,000
50,000
0
2003

2012

2016
2000
2001
2002

2004
2005
2006
2007
2008
2009
2010
2011

2013
2014
2015

2017
2018
2019
2020
2021
2022
2023
Year

MWh Offtake WESM WESM

MWh Input MWh Output MWh System Loss
Load Factor Discrepancy Transm'n Loss
System Loss Series11 Series12

WESM Offtake increased by 373.84% from 10,384 MWh in 2012 to 49,204 MWh in 2013 due to the
following factors: (1) planned and unplanned plant shutdowns at GMCP; (2) inadequate power
supply contract In 2018, in addition to the 14MW supplied by GMCP, an extra 10MW of FLECO's
energy demand was covered by San Miguel Energy Corporation (SMEC) to reduce our market
exposure.
Previous Year's Load Profile

Previous Year's Load Duration Curve

30.0

25.0

20.0
MW

15.0

10.0

5.0

0.0
0% 20% 40% 60% 80% 100%
Percent of the Time

Based on the Load Duration Curve, the minimum load is 7.35 MW and the maximum load is 25.18
MW for the last historical year.

Previous Year's Load for Peak MWh and MW

Days
25.0
20.0
15.0
MW

10.0
5.0
0.0
2:00

6:00

17:00
1:00

3:00
4:00
5:00

7:00
8:00
9:00
10:00
11:00
12:00
13:00
14:00
15:00
16:00

18:00
19:00
20:00
21:00
22:00
23:00
0:00

Time

2012-003 RC 2017-007 RC
Peak MWh Day Peak MW Day
Linear (Peak MW Day)

Peak MW occurred on July 6, 2023, and peak daily MWh of 25.18 occurred on the same day at hour
15:00 according to FLECO's load pattern. The available supply is less than the Peak Demand, as
demonstrated by the Load Curves.
 Previous Year's Loading Summary
55.00

27.81
25.18

17.63
12.26

MVA Tot NCP CP Ave 5th PCTL

Non-coincident Peak Demand is 27.81 MW, which is approximately 50.56 percent of the substation's
total 55 MVA capacity at a power factor of 0.9825. The load factor or the ratio between the average
load of 17.63 MW and the non-coincident peak demand is 70 percent. A safe estimate of the true
minimum load is the fifth percentile load is 12.26 MW, which is 44.08% of the Non-coincident Peak
Demand.

Substation Peak
Metering Point Substation MVA
MW
PAGSANJAN SS 25 13.338
PAKIL SS 10 4.778
FAMY SS 20 9.697

Since Pakil and Famy substations' capacities were upgraded in February 2022, there are no
substations with a load in exceeding of 70%.
Forecasted Consumption Data
Retail
Existing Target MW
Coincident Contracted Pending Planned Electricity
Contracting Contracting Surplus /
Peak MW MW MW MW Suppliers
Level Level Deficit
MW
2024 Jan 21.06 14.00 10.00 0.000 66% 114% 2.94
Feb 20.28 14.00 10.00 0.000 69% 118% 3.72
Mar 22.21 14.00 10.00 0.000 63% 108% 1.79
Apr 24.83 14.00 10.00 0.000 56% 97% -0.83
May 25.50 14.00 10.00 0.000 55% 94% -1.50
Jun 25.91 14.00 10.00 0.000 54% 93% -1.91
Jul 26.38 14.00 10.00 0.000 53% 91% -2.38
Aug 25.78 14.00 10.00 0.000 54% 93% -1.78
Sep 25.76 14.00 10.00 0.000 54% 93% -1.76
Oct 25.95 14.00 10.00 0.000 54% 92% -1.95
Nov 26.06 14.00 10.00 0.000 54% 92% -2.06
Dec 23.61 14.00 10.00 0.000 59% 102% 0.39
2025 Jan 22.12 14.00 10.00 0.000 63% 108% 1.88
Feb 21.31 14.00 10.00 0.000 66% 113% 2.69
Mar 23.33 14.00 10.00 0.000 60% 103% 0.67
Apr 26.09 14.00 10.00 5.000 54% 111% 2.91
May 26.79 14.00 10.00 5.000 52% 108% 2.21
Jun 27.22 14.00 10.00 5.000 51% 107% 1.78
Jul 27.71 14.00 10.00 5.000 51% 105% 1.29
Aug 27.09 14.00 10.00 5.000 52% 107% 1.91
Sep 27.06 14.00 10.00 5.000 52% 107% 1.94
Oct 27.26 14.00 10.00 5.000 51% 106% 1.74
Nov 27.37 14.00 10.00 5.000 51% 106% 1.63
Dec 24.81 14.00 10.00 5.000 56% 117% 4.19
2026 Jan 23.31 14.00 10.00 6.000 60% 129% 6.69
Feb 22.45 14.00 10.00 6.000 62% 134% 7.55
Mar 24.58 14.00 10.00 6.000 57% 122% 5.42
Apr 27.48 14.00 10.00 6.000 51% 109% 2.52
 May 28.22 14.00 10.00 6.000 50% 106% 1.78
Jun 28.68 14.00 10.00 6.000 49% 105% 1.32
Jul 29.20 14.00 10.00 6.000 48% 103% 0.80
Aug 28.54 14.00 10.00 6.000 49% 105% 1.46
Sep 28.51 14.00 10.00 6.000 49% 105% 1.49
Oct 28.72 14.00 10.00 6.000 49% 104% 1.28
Nov 28.84 14.00 10.00 6.000 49% 104% 1.16
Dec 26.14 14.00 10.00 6.000 54% 115% 3.86
2027 Jan 24.62 14.00 10.00 7.000 57% 126% 6.38
Feb 23.72 14.00 10.00 7.000 59% 131% 7.28
Mar 25.97 14.00 10.00 7.000 54% 119% 5.03
Apr 29.03 14.00 10.00 7.000 48% 107% 1.97
May 29.82 14.00 10.00 7.000 47% 104% 1.18
Jun 30.30 14.00 10.00 7.000 46% 102% 0.70
Jul 30.85 14.00 10.00 7.000 45% 100% 0.15
Aug 30.15 14.00 10.00 7.000 46% 103% 0.85
Sep 30.12 14.00 10.00 7.000 46% 103% 0.88
Oct 30.35 14.00 10.00 7.000 46% 102% 0.65
Nov 30.47 14.00 10.00 7.000 46% 102% 0.53
Dec 27.61 14.00 10.00 7.000 51% 112% 3.39
2028 Jan 26.09 14.00 10.00 8.000 54% 123% 5.91
Feb 25.13 14.00 10.00 8.000 56% 127% 6.87
Mar 27.51 14.00 10.00 8.000 51% 116% 4.49
Apr 30.76 14.00 10.00 8.000 46% 104% 1.24
May 31.59 14.00 10.00 8.000 44% 101% 0.41
Jun 32.10 14.00 10.00 8.000 44% 100% -0.10
Jul 32.68 14.00 10.00 8.000 43% 98% -0.68
Aug 31.94 14.00 10.00 8.000 44% 100% 0.06
Sep 31.91 14.00 10.00 8.000 44% 100% 0.09
Oct 32.15 14.00 10.00 8.000 44% 100% -0.15
Nov 32.28 14.00 10.00 8.000 43% 99% -0.28
Dec 29.25 14.00 10.00 8.000 48% 109% 2.75
2029 Jan 27.71 14.00 10.00 8.000 51% 115% 4.29
 Feb 26.69 14.00 10.00 8.000 52% 120% 5.31
Mar 29.23 0.00 10.00 26.000 0% 123% 6.77
Apr 32.67 0.00 10.00 26.000 0% 110% 3.33
May 33.55 0.00 10.00 26.000 0% 107% 2.45
Jun 34.09 0.00 10.00 26.000 0% 106% 1.91
Jul 34.71 0.00 10.00 26.000 0% 104% 1.29
Aug 33.93 0.00 10.00 26.000 0% 106% 2.07
Sep 33.90 0.00 10.00 26.000 0% 106% 2.10
Oct 34.15 0.00 10.00 26.000 0% 105% 1.85
Nov 34.29 0.00 10.00 26.000 0% 105% 1.71
Dec 31.07 0.00 10.00 26.000 0% 116% 4.93
2030 Jan 29.50 0.00 10.00 27.000 0% 125% 7.50
Feb 28.42 0.00 10.00 27.000 0% 130% 8.58
Mar 31.12 0.00 10.00 27.000 0% 119% 5.88
Apr 34.79 0.00 10.00 27.000 0% 106% 2.21
May 35.73 0.00 10.00 27.000 0% 104% 1.27
Jun 36.30 0.00 10.00 27.000 0% 102% 0.70
Jul 36.96 0.00 10.00 27.000 0% 100% 0.04
Aug 36.12 0.00 10.00 27.000 0% 102% 0.88
Sep 36.10 0.00 10.00 27.000 0% 102% 0.90
Oct 36.36 0.00 10.00 27.000 0% 102% 0.64
Nov 36.51 0.00 10.00 27.000 0% 101% 0.49
Dec 33.09 0.00 10.00 27.000 0% 112% 3.91
2031 Jan 31.49 0.00 10.00 28.000 0% 121% 6.51
Feb 30.33 0.00 10.00 28.000 0% 125% 7.67
Mar 33.21 0.00 10.00 28.000 0% 114% 4.79
Apr 37.13 0.00 10.00 28.000 0% 102% 0.87
May 38.13 0.00 10.00 28.000 0% 100% -0.13
Jun 38.74 0.00 10.00 28.000 0% 98% -0.74
Jul 38.55 0.00 10.00 28.000 0% 99% -0.55
Aug 38.52 0.00 10.00 28.000 0% 99% -0.52
Sep 38.52 0.00 10.00 28.000 0% 99% -0.52
Oct 38.80 0.00 10.00 28.000 0% 98% -0.80
 Nov 38.96 0.00 10.00 28.000 0% 98% -0.96
Dec 35.31 0.00 10.00 28.000 0% 108% 2.69
2032 Jan 33.67 0.00 10.00 28.000 0% 113% 4.33
Feb 32.43 0.00 10.00 28.000 0% 117% 5.57
Mar 35.51 0.00 10.00 28.000 0% 107% 2.49
Apr 39.70 0.00 10.00 28.000 0% 96% -1.70
May 40.77 0.00 10.00 28.000 0% 93% -2.77
Jun 41.42 0.00 10.00 28.000 0% 92% -3.42
Jul 42.17 0.00 10.00 28.000 0% 90% -4.17
Aug 41.22 0.00 10.00 28.000 0% 92% -3.22
Sep 41.19 0.00 10.00 28.000 0% 92% -3.19
Oct 41.49 0.00 10.00 28.000 0% 92% -3.49
Nov 41.66 0.00 10.00 28.000 0% 91% -3.66
Dec 37.75 0.00 10.00 28.000 0% 101% 0.25
2033 Jan 36.06 0.00 10.00 28.000 0% 105% 1.94
Feb 34.73 0.00 10.00 28.000 0% 109% 3.27
Mar 38.03 0.00 10.00 28.000 0% 100% -0.03
Apr 42.52 0.00 10.00 28.000 0% 89% -4.52
May 43.67 0.00 10.00 28.000 0% 87% -5.67
Jun 44.37 0.00 10.00 28.000 0% 86% -6.37
Jul 45.17 0.00 10.00 28.000 0% 84% -7.17
Aug 44.15 0.00 10.00 28.000 0% 86% -6.15
Sep 44.11 0.00 10.00 28.000 0% 86% -6.11
Oct 44.44 0.00 10.00 28.000 0% 86% -6.44
Nov 44.62 0.00 10.00 28.000 0% 85% -6.62
Dec 40.44 0.00 10.00 28.000 0% 94% -2.44

Peak Demand was projected using the NEA's Forecasting Method with a seven-year historical data (Cubic with Horizon: Y = at3 + ct + d) and was
assumed to occur in July due to high temperatures throughout the summer season. Monthly Peak Demand is at its lowest in February. In general,
Peak Demand is expected to grow at a rate of 4% annually.
 Forecasted Supply vs Demand
50.0
40.0
30.0
MW

20.0
10.0
0.0

May
Nov

Jul
Dec
May
Oct

Dec

Oct
Jan
Jun

Mar

Nov

Jul

Mar
Feb

Jan
Jun

Feb
Apr

Apr
Sep

Aug

Sep

Aug
2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
Month

2012-003 RC 2017-007 RC
NEW (2) NEW (1)
Coincident Peak MW

Because available supply is somewhat lower than Peak Demand, any imbalances/deficits will be
temporarily drafted from the market.

Forecasted Supply vs Demand

50.0
40.0
30.0
MW

20.0
10.0
0.0
Mar

Mar
Jan

Dec
Jun
Nov

Feb
Jul

May
Oct

Jan
Jun
Nov

Feb
Jul
Dec
May
Oct
Sep
Apr
Sep

Aug

Apr

Aug

2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
Month

Contracted MW Pending MW
Planned MW Retail Electricity Suppliers MW
Coincident Peak MW

Of the available supply, the largest is 14 MW from GNPower Mariveles Energy Center Ltd. Co.
(GMEC) (formerly GNPower Mariveles Coal Plant Ltd. (GMCP). This is followed by 10 MW from
San Miguel Consolidated Power Corporation (SMC).
 Procurement Timing
30.0
25.0
20.0
MW

15.0
10.0
5.0
0.0

May
May
Oct

Oct
Jan
Jun

Mar

Mar
Nov

Feb
Jul
Dec

Jan
Jun
Nov

Feb
Jul
Dec
Apr
Sep

Aug

Apr
Sep

Aug
2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
Month

NEW (1) NEW (2)

The first wave of supply procurement will address a maximum requirement of 10 MW from
renewable energy sources. The coop is exploring the potential of either an embedded solar supply
or a Competitive Selection Process (CSP), with a target availability date of April 2025. This will be
followed by an additional 18 MW CSP planned for March 2029.

Contracting Levels
160%
140%
120%
100%
80%
60%
40%
20%
0%
Jan
Jan
May

Jan
May

May

Jan
May

Jan
May

Jan
May

Jan
May

Jan
May

Jan
May

Jan
May
Sep
Sep

Sep

Sep

Sep

Sep

Sep

Sep

Sep

Sep

2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
Month

Existing Contracting Level Target Contracting Level

Currently, there is over-contacting by 69%. The highest target contracting level is 134% which is
expected to occur on February 2026. The lowest target contracting level is 84% which is expected
to occur on July 2033.
 MW Surplus / Deficit
10.00
8.00
6.00
4.00
2.00
0.00
Jan

Jan

Jan
Jan

May
May

Jan
May

Jan
May

May

Jan
May

Jan
May

May

Jan
May

Jan
May
Sep
Sep

Sep

Sep

Sep

Sep

Sep

Sep

Sep

Sep
-2.00
-4.00 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
-6.00
-8.00
Month

Currently, there is over-contracting by 8.58 MW. The highest deficit is 7.17MW which is expected to
occur on the month of July 2033. The lowest deficit is 0.10MW which is expected to occur on the
month of June 2028.

MWh
MWh MWh Transm'n System Coincident
System
Offtake Output Loss Loss Peak MW
Loss
2024 Jan 11,315 10,061 1,254 0.00% 11.08% 21.06
Feb 11,272 10,236 1,036 0.00% 9.19% 20.28
Mar 10,575 9,657 918 0.00% 8.68% 22.21
Apr 13,919 12,608 1,311 0.00% 9.42% 24.83
May 14,880 13,507 1,373 0.00% 9.22% 25.50
Jun 15,716 14,300 1,416 0.00% 9.01% 25.91
Jul 14,606 13,634 972 0.00% 6.66% 26.38
Aug 15,503 14,070 1,433 0.00% 9.25% 25.78
Sep 15,318 14,193 1,125 0.00% 7.34% 25.76
Oct 14,765 13,707 1,058 0.00% 7.16% 25.95
Nov 14,562 13,334 1,228 0.00% 8.43% 26.06
Dec 13,592 12,747 845 0.00% 6.22% 23.61
2025 Jan 12,211 10,883 1,328 0.00% 10.87% 22.12
Feb 12,166 11,072 1,094 0.00% 8.99% 21.31
Mar 11,411 10,444 967 0.00% 8.47% 23.33
Apr 15,014 13,637 1,377 0.00% 9.17% 26.09
May 16,049 14,609 1,440 0.00% 8.97% 26.79
Jun 16,950 15,469 1,481 0.00% 8.74% 27.22
Jul 15,754 14,748 1,006 0.00% 6.39% 27.71
Aug 16,720 15,221 1,499 0.00% 8.96% 27.09
Sep 16,521 15,354 1,167 0.00% 7.07% 27.06
Oct 15,925 14,826 1,099 0.00% 6.90% 27.26
Nov 15,707 14,421 1,286 0.00% 8.19% 27.37
Dec 14,665 13,790 875 0.00% 5.97% 24.81
2026 Jan 13,214 11,799 1,415 0.00% 10.71% 23.31
Feb 13,164 12,002 1,162 0.00% 8.83% 22.45
Mar 12,354 11,326 1,028 0.00% 8.32% 24.58
Apr 16,241 14,788 1,453 0.00% 8.95% 27.48
 May 17,357 15,841 1,516 0.00% 8.73% 28.22
Jun 18,328 16,770 1,558 0.00% 8.50% 28.68
Jul 17,039 15,990 1,049 0.00% 6.16% 29.20
Aug 18,080 16,501 1,579 0.00% 8.73% 28.54
Sep 17,866 16,648 1,219 0.00% 6.82% 28.51
Oct 17,223 16,075 1,149 0.00% 6.67% 28.72
Nov 16,988 15,637 1,351 0.00% 7.95% 28.84
Dec 15,854 14,950 904 0.00% 5.70% 26.14
2027 Jan 14,302 12,813 1,489 0.00% 10.41% 24.62
Feb 14,248 13,033 1,215 0.00% 8.53% 23.72
Mar 13,373 12,294 1,079 0.00% 8.06% 25.97
Apr 17,575 16,054 1,521 0.00% 8.65% 29.03
May 18,783 17,201 1,582 0.00% 8.42% 29.82
Jun 19,833 18,209 1,624 0.00% 8.19% 30.30
Jul 18,437 17,361 1,076 0.00% 5.83% 30.85
Aug 19,564 17,916 1,648 0.00% 8.42% 30.15
Sep 19,333 18,074 1,259 0.00% 6.51% 30.12
Oct 18,637 17,452 1,185 0.00% 6.36% 30.35
Nov 18,382 16,977 1,405 0.00% 7.64% 30.47
Dec 17,250 16,232 1,018 0.00% 5.90% 27.61
2028 Jan 15,503 13,918 1,585 0.00% 10.22% 26.09
Feb 15,444 14,157 1,287 0.00% 8.33% 25.13
Mar 14,498 13,356 1,142 0.00% 7.88% 27.51
Apr 19,044 17,441 1,603 0.00% 8.42% 30.76
May 20,351 18,685 1,666 0.00% 8.19% 31.59
Jun 21,487 19,781 1,706 0.00% 7.94% 32.10
Jul 19,978 18,860 1,118 0.00% 5.60% 32.68
Aug 21,197 19,463 1,734 0.00% 8.18% 31.94
Sep 20,946 19,635 1,311 0.00% 6.26% 31.91
Oct 20,194 18,959 1,235 0.00% 6.11% 32.15
Nov 19,918 18,442 1,476 0.00% 7.41% 32.28
Dec 18,726 17,634 1,092 0.00% 5.83% 29.25
2029 Jan 16,815 15,120 1,695 0.00% 10.08% 27.71
Feb 16,752 15,380 1,372 0.00% 8.19% 26.69
Mar 15,727 14,510 1,217 0.00% 7.74% 29.23
Apr 20,649 18,947 1,702 0.00% 8.24% 32.67
May 22,064 20,298 1,766 0.00% 8.00% 33.55
Jun 23,294 21,488 1,806 0.00% 7.75% 34.09
Jul 21,659 20,487 1,172 0.00% 5.41% 34.71
Aug 22,980 21,143 1,837 0.00% 7.99% 33.93
Sep 22,708 21,330 1,378 0.00% 6.07% 33.90
Oct 21,892 20,597 1,295 0.00% 5.91% 34.15
Nov 21,594 20,036 1,558 0.00% 7.21% 34.29
Dec 20,113 19,156 957 0.00% 4.76% 31.07
2030 Jan 18,216 16,417 1,799 0.00% 9.87% 29.50
Feb 18,148 16,699 1,449 0.00% 7.98% 28.42
Mar 17,039 15,755 1,284 0.00% 7.54% 31.12
Apr 22,364 20,573 1,791 0.00% 8.01% 34.79
May 23,895 22,040 1,855 0.00% 7.76% 35.73
 Jun 25,227 23,332 1,895 0.00% 7.51% 36.30
Jul 23,459 22,246 1,213 0.00% 5.17% 36.96
Aug 24,886 22,958 1,928 0.00% 7.75% 36.12
Sep 24,592 23,161 1,431 0.00% 5.82% 36.10
Oct 23,711 22,363 1,348 0.00% 5.68% 36.36
Nov 23,389 21,756 1,633 0.00% 6.98% 36.51
Dec 21,798 20,799 999 0.00% 4.58% 33.09
2031 Jan 19,708 17,808 1,900 0.00% 9.64% 31.49
Feb 19,634 18,117 1,518 0.00% 7.73% 30.33
Mar 18,434 17,092 1,342 0.00% 7.28% 33.21
Apr 24,195 22,318 1,877 0.00% 7.76% 37.13
May 25,851 23,910 1,941 0.00% 7.51% 38.13
Jun 27,291 25,312 1,979 0.00% 7.25% 38.74
Jul 25,378 24,135 1,243 0.00% 4.90% 38.55
Aug 26,923 24,905 2,018 0.00% 7.49% 38.52
Sep 26,605 25,125 1,480 0.00% 5.56% 38.52
Oct 25,651 24,261 1,390 0.00% 5.42% 38.80
Nov 25,303 23,600 1,703 0.00% 6.73% 38.96
Dec 23,575 22,564 1,011 0.00% 4.29% 35.31
2032 Jan 21,298 19,296 2,002 0.00% 9.40% 33.67
Feb 21,218 19,631 1,587 0.00% 7.48% 32.43
Mar 19,922 18,519 1,403 0.00% 7.04% 35.51
Apr 26,148 24,183 1,965 0.00% 7.52% 39.70
May 27,937 25,908 2,029 0.00% 7.26% 40.77
Jun 29,493 27,427 2,066 0.00% 7.00% 41.42
Jul 27,426 26,149 1,277 0.00% 4.66% 42.17
Aug 29,096 26,987 2,109 0.00% 7.25% 41.22
Sep 28,752 27,224 1,528 0.00% 5.31% 41.19
Oct 27,721 26,288 1,433 0.00% 5.17% 41.49
Nov 27,344 25,574 1,770 0.00% 6.47% 41.66
Dec 25,568 24,451 1,117 0.00% 4.37% 37.75
2033 Jan 22,991 20,881 2,110 0.00% 9.18% 36.06
Feb 22,905 21,243 1,662 0.00% 7.26% 34.73
Mar 21,506 20,040 1,466 0.00% 6.82% 38.03
Apr 28,226 26,168 2,058 0.00% 7.29% 42.52
May 30,158 28,033 2,125 0.00% 7.05% 43.67
Jun 31,838 29,678 2,160 0.00% 6.78% 44.37
Jul 29,605 28,296 1,309 0.00% 4.42% 45.17
Aug 31,408 29,201 2,207 0.00% 7.03% 44.15
Sep 31,038 29,459 1,579 0.00% 5.09% 44.11
Oct 29,924 28,446 1,478 0.00% 4.94% 44.44
Nov 29,517 27,672 1,845 0.00% 6.25% 44.62
Dec 27,585 26,457 1,128 0.00% 4.09% 40.44

MWh Offtake was forecasted using NEA’s Forecasting Method with a seven-year historical data
Quadratic with Smoothing (2 variable): Y = at2 + ct-1 + e.

System Loss was calculated the Distribution System Application software. According to the same
assessment, the Distribution System can adequately convey electricity to customers. . As for the
segregated system loss, as previously mentioned, due to the extensive volume of data, the
cooperative is still in the process of sanitizing the Sta. Maria and Mabitac feeders’ data. Hence,
this data is currently unavailable.

Forecasted Consumption
35,000 50.0
30,000 45.0
40.0
25,000 35.0
30.0
MWh

20,000

MW
25.0
15,000 20.0
10,000 15.0
10.0
5,000 5.0
0 0.0
Jul

Nov
Jan
Jun
Nov

Feb

Dec
May
Oct
Mar

Jan
Jun

Feb
Jul
Dec
May
Oct
Mar
Apr
Sep

Aug

Apr
Sep

Aug
2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
Month

MWh Output MWh System Loss Coincident Peak MW

MWh Output was expected to grow at an average rate of 7.80% annually.

Forecasted Losses
12.00%
10.00%
8.00%
6.00%
4.00%
2.00%
0.00%
May
May

May

May

May

May

May

May

May

May
Jan

Jan

Jan

Jan

Jan

Jan

Jan

Jan

Jan

Jan
Sep

Sep
Sep

Sep

Sep

Sep

Sep

Sep

Sep

Sep

-2.00%
2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
Month

Transm'n Loss System Loss

System Loss is expected to range from 4.09% to 11.08%.

Power Supply
Minimum Minimum
Case No. Type GenCo PSA Start PSA End
MW MWh/yr
2012-003 RC Base GN Power Mariveles Coal Plant Ltd. 7.00 77,915 2/26/2014 2/25/2029

The PSA with GNPower Mariveles Energy Center Ltd. Co. (GMEC) (formerly GNPower Mariveles Coal Plant Ltd. (GMCP) filed with ERC under
Case No. 2012-003 RC was procured through public bidding. It was selected to provide for the base requirements of FLECO. Historically, the
utilization of the PSA is 65% minimum capacity factor. Outages of the plant led to unserved energy of the past year. The actual billed overall
monthly charge under the PSA ranged from 6.4392 P/kWh to 9.4931 P/KWh in the year 2023.

Minimum Minimum
Case No. Type GenCo PSA Start PSA End
MW MWh/yr
San Miguel Consolidated Power
2017-007 RC Base 3.00 26,280 4/26/2024 4/25/2034
Corporation

The 10 Year PSA with SMC Consolidated Power Corporation (SMC) was acquired through public bidding and was filed with ERC under Case No.
2017-0007 RC. It was chosen to meet FLECO's ongoing increase in demand for additional base requirements. While waiting for the PSA approval,
the coop entered into an interim power supply agreement with SMC in April 2018 with ERC’s knowledge. For the year 2023, the actual billed overall
monthly fee under the PSA ranged from 4.8990 P/kWh to 10.5137 P/KWh.
 NEW (1) NEW (2)
Type Base Base
Minimum MW 5.00 18.00
Minimum MWh/yr 13,140 77,263
PSA Start 3/26/2025 2/26/2029
PSA End 3/25/2035 2/25/2038
Publication 8/20/2024 4/20/2027
Pre-bid 9/10/2024 5/11/2027
Opening 11/9/2024 7/10/2027
Awarding 12/8/2024 8/9/2027
PSA Signing 1/8/2025 9/8/2027
Joint Filing 1/17/2025 9/17/2027

Procurement Schedule

Joint Filing Joint Filing

PSA Signing PSA Signing

Awarding Awarding

Opening Opening

Pre-bid Pre-bid

Publication Publication

4/18/24 11/4/24 5/23/25 12/9/25 6/27/26 1/13/27 8/1/27 2/17/28

NEW (1) NEW (2)

The first publication or launch of CSP will take place in August 2024, in advance of the procurement
of a maximum 10 MW requirement from renewable energy sources. Joint filings will take place on
January 17, 2025, or 150 days later, in accordance with DOE's 2023-06-0021 CSP Policy. The
timeline may be modified based on the acceptance or confirmation of the TOR and other compliance
criteria. It is worth noting that the cooperative plans to incorporate an embedded renewable energy
supply to meet its energy requirements.

While the procurement of another 18MW of energy supply is planned to start on February 26, 2029,
the first publishing or launch of CSP will occur on April 20, 2027. Joint filing is slated on September
17, 2027, or 150 days later, according to 2023-06-0021 CSP Policy. The schedule may be altered
based on the acceptance or confirmation of the TOR and other compliance requirements.
Captive Customer Connections

Historical and Forecasted Captive

Connections in Sector
120,000
100,000
80,000
60,000
40,000
20,000
0
2016

2023

2030
2013
2014
2015

2017
2018
2019
2020
2021
2022

2024
2025
2026
2027
2028
2029

2031
2032
2033
Year

Residential Commercial Industrial Others

The number of residential connections is expected to grow at a rate of 2.20% annually. Said
customer class is expected to account for 94.34% of the total consumption.