EEI ENERGY SIGNS UP 2 MORE ELECTRICITY CLIENTS

EEI Energy Solutions Corp. signed up two more retail electricity clients in Centro Mall in Laguna and Limcoma Multi-Purpose Cooperative in Batangas, each needing 500 kilowatts of supply.

Part of the Yuchengco Group of Companies (YGC) and a wholly owned subsidiary of EEI Power Corp., EEI Energy has racked up a total of 3.5 megawatts in contracts just six months into its operation.

EEI Energy last February secured from the Energy Regulatory Commission a license as a retail electricity supplier, authorized to cater to power consumers that want to engage suppliers other than the incumbent distribution utility in their area.

EEI Energy’s operations manager Valia Quinajon said in a statement they were aggressively working on providing services to other customers across the Luzon and Visayas market.

In doing this, Quinajon said they were leveraging the business relationship between EEI Corp. and its subsidiaries.

“We are ramping up efforts to further penetrate the retail market and with the synergistic efforts within the EEI Group and the entire YGC,” EEI Energy general manager Salvador Salire Jr. said.

Salire said that other facilities in the commercial and industrial market were expected to re-open or at least regain normal electricity consumption as the Philippine economy begins to bounce back.

He added that increases in capacity of renewable energy produced by its parent company EEI Power will meet rising demand for retail electricity, as the contestability threshold is expected to be lowered to 100 kilowatts in the coming years.