Chinese New Year Operations Advisory

In observance of Chinese New Year Public Holiday, MORESCO-1 offices will be closed, (though some paying stations will be OPEN) and will resume on WEDNESDAY | FEBRUARY 2, 2022.

MANTICAO SERVICE AREA- CLOSED

Libertad Paying Station – OPEN

Initao Paying Station – OPEN

TALAKAG SERVICE AREA – CLOSED

OPOL SERVICE AREA – CLOSED

LAGUINDINGAN Main Paying Station – OPEN

Alubijid Paying Station – OPEN

You may call our hotline or message us here in our official Facebook page for any power related concerns in your area, our Operations and Maintenance crew will be on standby to respond to any reports.

For bills payment, you may settle it to any of the following payment centers;

SM Payment Centers

Savemore Payment Centers

G-Cash

ECPay at 7-Eleven

UCPB Bulua Branch

Kindly make sure that your power bill is not past due and without arrears.

Kung Hei Fat Choy!!!

Chinese New Year 2022 | Kung Hei Fat Choy!

This year, the start of Chinese New Year falls on Tuesday, February 1, 2022 and on the Chinese zodiac it marks the start of the Year of the Tiger.

If you were born in 1914, 1926, 1938, 1950, 1962, 1974, 1986, 1998, 2010 or 2022, you were born under the sign of the dynamic sign of the tiger.

In Chinese culture, the new year is a time to begin again. Chinese New Year is more commonly known in China as the Spring Festival with hope for better times ahead.

Families are outfitted in new clothes, front doors are freshly painted, homes are scrubbed sparkling clean, and banners are hung to declare a very Happy New Year to all!

Kung Hei Fat Choy!

We are Hiring! ENERGY TRADING CHIEF – – – Deadline of Submission: FEBRUARY 7, 2022

We are Hiring!

ENERGY TRADING CHIEF

Deadline of Submission: FEBRUARY 7, 2022

JOB OBJECTIVE

To provide the Management a tool or study to ensure security of power either favorable terms under bilateral contract with IPP’s, participation in the ILP, trade in the market (IMEM, WESM or open access) at an efficient operation providing reasonable and competitive rates to the consumers with other distribution utilities or power supplier come open access.

TASKS AND RESPONSIBILITIES:

• Supervises energy procurement and marketing efforts especially in the WESM environment; and manages bilateral contracts to optimize energy purchases and sales.

• Ensures that recoverable cost is considered and prudently recovered pursuant to the guidelines set by the Energy Regulatory Commission.

• Ensures power availability through security of power supply for the Coop requirement:

o Bilateral contracts

o ILP

o Modular gen sets/Embedded generator

o Market (WESM, RES, open access)

o Maintain directory of suppliers

• Conducts study on the rates for the member-consumer at a reasonable cost for the Cooperative’s financial viability.

• Efficient marketing activities during the WESM and open access period.

• Assesses periodic transactions as well as sales performance and lays-out plans and strategies for succeeding procurement and marketing activities.

• Conducts continuous monthly monitoring and evaluation of the non-power cost and recommends the recovery of the revenue requirement through rates implementation and/or requires ERC approval, as applicable.

• Recommends the formulation and calculation of rate making for the CAPEX Planning and OPEX Planning.

• Undertakes continuous evaluation of the coop’s performance as regards bilateral contracts to achieve minimum cost of generation through competitive bidding and recommends wholesale contracting (Bilateral Contract) and purchase in the market (WESM).

• Coordinates with the Engineering Services Department and the Power Supply Technical working Group for the Long Term Forecast for Power Supply Contract, Load Modelling, Optimal Power Supply Mix, Price Structures and Power Supply Procurement.

QUALIFICATIONS

• Registered Electrical Engineer

• With 4-years related experience

• Preferably with background on electric power industry.

• Possesses basic knowledge in the methodology of projections and forecasting

• Resident within the franchise area

COMPETENCY REQUIREMENTS

• Highly analytical and excellent in decision making

• Excellent negotiation skills

• Proficient in written and oral communication skills and adept in business correspondence

• Shares the vision and mission of the cooperative, and demonstrates behavior consistent with the cooperatives core values.

Deadline of Submission: FEBRUARY 7, 2022

Click the link below

http://bit.ly/M1Careers2021

Only qualified applicants will be shortlisted.