We respect President Marcos’ policy direction and will actively participate in the discussions as the proposed amendments to the EPIRA are deliberated.
We believe it is important to recognized 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.
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.
For MERALCO’s part, we have consistently invested in system loss management initiatives, network modernization, and operational efficiencies – which enable us to maintain our system loss well below the 6.5 percent cap set by the ERC.
We look forward to poductive discussion which we hope will carefully consider the impact of reforms on the operations and sustainabilty 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.
MERALCO will continue working closely with the goverment, regulators, legislators, and other industry stakeholders in pursuing reforms that enhance consumer protection and strengthen the power industry.
