MORE Power president Roel Castro (second from left) inspects substations such as this one in Jaro, Iloilo City to know the present state of the equipment which will be prioritized in the company’s rehabilitation program which has a capital expenditure of P1.8 billion for three to four years. RD Pawnshop,Palawan Express, LBC and SM Super Malls completed the list of payment partners. Over 130payment outlets in seven districts of the city are now ready to accept paymentsfor MORE Power bills. “Such isanother breakthrough in Iloilo City,” said Castro./PN Evenbefore MORE Power came here, the management was already aware of the city’seconomic status, he revealed. “This kind(of meters),” asserted Castro, “ensures reliability of power consumption thus helpingreduce system loss.” It iswithin the bound of Article 29 (Obligation to Allow Inspection, Installationand Removal of Electricity Apparatus) of the Magna Carta for Residential ElectricityConsumers. “Thisaward, of course, necessitates MORE Power to supplement the city’s newest battlecry: ‘Level Up, Iloilo City’ through dependable power supply,” noted Castro. “Hence,stable, reliable and inexpensive power supply is a must,” according to Castro. “And thatis the reason why MORE Power earmarked a substantial amount for our rehabilitationand expansion endeavors to be funded under our Capital Expenditures (CAPEX)Program,” he bared. In fact,MORE Power contracted four private firms tospeed up the meter replacement job. These areBanco de Oro (BDO), Philippine National Bank (PNB), Robinsons’ Bank, and LandBank of the Philippines. A MUST MORE Powerstarted to rehabilitate and repair a number of feeders since Feb. 29, 2020. Castrosaid MORE Power also partnered with the top banks, remittance and payment centersin the country for easy payment of Ilonggos’ electric bills. Theseinclude rotten poles, undersized transformers, undersized conductors, old anddilapidated substations, among others. TheDepartment of Trade and Industry (DTI) feted the city as No. 1 among thehighly-urbanized cities in the country with the most improved local governmentunit during the annual Regional Competitiveness Summit held at the PhilippineInternational Convention Center (PICC) in Pasay City on Aug. 16, 2018. “And themeters we are using right now are those Energy Regulatory Commission(ERC)-approved and calibrated ones.” It has tobe noted, he said, that MORE Power “will be working hard to bring down theunusually high system loss of PECO brought about by sheer neglect.” Castrosaid replacement of either “aging”, defective, damaged meters is a must. ILOILO City – “Ilonggosdeserve the best. Nothing more, nothing less!” So said MORE Electric and PowerCorp. (MORE Power) president and chief operating officer (COO) Roel Z. Castro. As to theso-called “ill-considered” purchases, “It’s all talk! If PECO knows what has tobe done, why is it talking only now when it doesn’t have franchise andCertificate of Public Convenience and Necessity (CPCN) anymore. They shouldhave done this 10 years ago,” said Castro. This, asCastro stressed, “We need at least P1.8 billion to rehabilitate all the bulokfacilities of Panay Electric Co. (PECO).” MORE Powerand Miescor (sister company of Meralco) conducted a technical scanning study atall the facilities and already identified the problematic areas and have comeup with its rehabilitation plans. “Not justP1 billion but P1.8 billion per se,” he clarified. MORE Poweris simply here to complement the city’s economic boom, he stressed. “Becausewe care for the Ilonggos, we want them to pay their bills with MORE Power attheir own convenience anywhere they want,” said Castro. ‘BREAKTHROUGH’IN ILOILO Also,based on the latest technical findings, a total of 119 transformers were foundto have “abnormally” high temperature, an indication of overloading.
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- ‘ILONGGOS DESERVE THE BEST’ | MORE Power to complement Iloilo City’s economic boom –…