MANILA Electric Co. (Meralco) said partnerships with electric cooperatives (ECs) could generate billions of pesos in consumer savings by bringing double-digit system losses down to single-digit levels.
Meralco Senior Vice-President and Head of Strategic Distribution Utility Partnerships Arnel P. Casanova said on Money Talks with Cathy Yang on One News on Thursday that some ECs have system losses of as much as 25%, compared with Meralco’s level of about 5%.
“Because [if] Meralco comes in, the double-digit system losses of the electric companies will be dropping down to single-digit,” Mr. Casanova said.
System losses refer to the difference between electricity delivered to a distribution system and electricity delivered to end-users. Costs arising from these losses are charged to consumers.
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