AboitizPower generation units stationed in Davao, namely Hedcor and Therma South Inc. (TSI) have sustained their support to communities where they operate through the Energy Regulations 1-94 (ER 1-94) program during the pandemic.
This program is a policy under the Department of Energy (DOE) Act of 1992 and Electric Power Industry Reform Act of 2001 (EPIRA) which allows host communities to directly access funds generated from the operations of power plants in its areas. The funds are intended for local projects and activities.
Through the DOE Department Circular 2020-004-0008, the remitted funds may be fully utilized for initiatives to combat the effects of COVID-19.
About P26 million has now been remitted to the city of Davao by AboitizPower generation units Hedcor and Therma South Inc.
TSI has also generated funds for its other host communities.
The generation unit along with DOE has completed its remittances of P17.5 million to Barangay Binugao, P4 million to Barangay Inawayan, and P9 million to the province of Davao del Sur.
So far, TSI has also generated P4.6 million for the municipality of Sta. Cruz, with DOE still slated to deliver an additional P1.1 million.
Beyond Davao City, AboitizPower hydro unit Hedcor is currently in the process of completing the ER 1-94 remittances for its other host communities within the Davao region, including Barangays Kapatagan, Sibulan, Darong and Astorga, the municipality of Sta. Cruz and the province of Davao del Sur.