Biscuit manufacturer Monde M.Y. San Corporation has recently signed retail electricity supply contracts with Mabuhay Energy Corporation (MECO) for its production plant in Calamba City, Laguna.
The deals are particularly for the cracker giant’s two qualified contestable meters located in the said plant. The contract for the plant’s Meter 1 began last January 26, while the agreement for Meter 2 is set to begin on Friday. Both contracts will last until March 25, 2022.
Prior to the signing, Mabuhay Energy informed Monde M.Y. San that it was a qualified contestable customer and eventually offered to be its electricity provider. The biscuit firm then said it was satisfied with the offer, citing it as “one of the best cost-saving strategies” the 86-year old firm has done.