“We believe it is important to recognize that system loss is not unique to any distribution utility but is a common operational aspect of the delivery of electricity — which affects the entire power industry,” Meralco executive vice president and chief operating officer Ronnie L. Aperocho said in a statement.
“While distribution utilities like Meralco continue to invest in modernizing and upgrading facilities and deploying technologies that reduce system losses, a certain level of technical losses remains inherent in operating an electric distribution system,” he added.
Meralco’s system loss currently stands at 5.72 percent, below the 6.5 percent ceiling set by the Energy Regulatory Commission.
Calls for balanced reforms
“We respect President Marcos’ policy direction and will actively participate in the discussions as the proposed amendments to the EPIRA are deliberated,” Aperocho said.
“We look forward to productive discussions which we hope will carefully consider the impact of reforms on the operations and sustainability of distribution utilities. To ensure real benefits to consumers, these reforms should also support the ability of distribution utilities and electric cooperatives to efficiently operate, invest in infrastructure and system resilience, and deliver safe and stable electricity service,” he added.
Meralco said it will continue working closely with the government, regulators, legislators and other industry stakeholders in pursuing reforms that enhance consumer protection and strengthen the power industry.
—Edited by Miguel R. Camus
