FOR THE BILLING MONTH OF NOVEMBER 2008

(A)

(B)

(C)

(D=B+C)

(D/A)

SOURCE

% of Total kwH Purchased

kWh Purchased

Basic Generation Cost (PhP)

Adjustments (DAA, NSS and other Billing Adjustments) (PhP)

Total Generation Cost for the Month (PhP)

Average Generation Cost (PhP/kWh)

NPC – GENCO

96.69%

11,460,097.00

34,402,066.72

202,843.71

34,604,910.43

3.0196

BILATERAL CONTRACT W/ IPP:

1. GBPC

1,339,281.45

WESM

SELF-GENERATION

SALE FOR RESALE

OTHERS

TOTAL

100%

11,852,901.00

47,484,369.25

1,542,125.16

49,026,494.41

4.1362

FOR THE BILLING MONTH OF OCTOBER 2008

(A)

(B)

(C)

(D=B+C)

(D/A)

Basic Generation Cost (PhP)