Delivering products and services to your customers on time while keeping your business cost-efficient is central to thriving as an entrepreneur. Utilities—and this includes electricity—remain among the top seven expenses entrepreneurs fail to prepare for.
The Philippines’ electricity needs are sourced mainly from fossil fuels—coal, oil, and natural gas. Of the three, natural gas, sourced from the offshore Malampaya field west of Palawan, is hailed as the clean energy alternative, accounting for almost 30 percent of Luzon's power generation. If you’re looking for a cleaner, affordable, and more reliable source of power, you should consider natural gas.
As the cleanest-burning of all fossil fuels, natural gas emits significantly lower levels of greenhouse gases, such as 60 percent less carbon dioxide, up to 100 percent less sulfur dioxide which causes acid rain, and up to 80 percent less of smog-contributing nitrogen oxide.
Natural gas emits zero toxic ash and sludge and virtually no particulate matter, which means cleaner breathing air and less respiratory illnesses. Reducing your carbon footprint and implementing ecologically sound policies are no longer mere buzzwords, but mandatory to best business practices.
Affordability is another compelling rationale for harnessing natural gas to power your business. Natural gas plants use less fuel to generate the same amount of electricity.
From 2016 to 2018, the generation charge of natural gas has been lower than that of other power sources—oil and coal—contracted with Meralco.
The average generation cost of natural gas per year was the lowest at P4.00 per kilowatt hour in 2016 and 2017, a significant drop from the average annual generation cost of oil at P11.00 and still less than that of coal, at P5.00.
This is a big deal because the generation charge—the cost of producing electricity—is approximately 50 percent of your electric bill.
With natural gas, not only do you get more power to run your business, but you definitely rein in the impact of utilities’ costs on your budget.
Fewer power interruptions
You don’t have to worry about power interruptions when you switch to natural gas. Brownouts occur when transmission from the national grid is hampered by extreme weather disturbances, or when there are inconsistencies with supply or sudden increases in the demand for electricity. To avoid brownouts, natural gas plants step in right away to meet the shortfall, reaching full load in 15 minutes compared to the 11 hours needed by coal plants. That means mitigated delays and losses in productivity and a healthier bottom line.
Cleaner air. Lower costs. Agile reliability. Imagine the switch to natural gas and the benefits it could bring you and your business. That’s what the Philippines’ leading clean power producer First Gen Corp. can help you with.
A pioneer in the natural gas industry, First Gen has been the country’s leading clean power company for over 20 years, running four of the nation’s natural gas plants. The company is a subsidiary of First Philippine Holdings Corporation and a member of the Lopez Group of Companies which has interests ranging from power generation to infrastructure, manufacturing to property development.
Learn more about how natural gas can work for your business, visit the First Gen website.