MORE Power beefs up distribution services
BY LENIE LECTURA – MARCH 21, 2022
from Business Mirror
More Electric and Power Corporation (MORE Power) said it used its P1.9-billion capital expenditure (capex) to finance various projects that improved electric distribution services in Iloilo City.
Bulk of the amount was utilized for modernization and rehabilitation of the distribution system. These include the installation of additional 10MVA (megavolt ampere) mobile substation at Iloilo Business Park; rehabilitation and uprating of substations; construction of a switching station; replacement of old electric meters, delapidated and wooden electric poles; uprating distribution transformers; and installation of conductors.
MORE Power President Roel Castro said these are meant to address systems loss, illegal connections, power interruptions, among others.
Latest figures showed that MORE Power has installed and replaced 1,715 poles, 559 distribution transformers, and 21,802 total electric meters.
There were also 619 electric meters on pole transferred and 330 elevated metering centers, installed 8.36 kilometers (km) neutral conductors, replaced 12.98 km of primary line, and 15.98 km secondary line.
Since the start of its operation, MORE Power said it already installed 189 Sets of Silicone Rubber Insulator, 31 Automatic Circuit Reclosers (ARCs), and 15 Load Break Switches (LBS).
It also reported that its System Average Interruption Frequency Index–the average number of interruptions a customer experiences–and the System Average Interruption Duration Index showed a 93-percent average decrease in interruption frequency and 85-percent average decrease in system interruption duration, respectively, within one year.
For the first year of its operation, MORE Power’s rate has gone down to as low as P6.2071/kWh from the average of P13/kwh.
System loss at end-December last year stood at 6.98percent from 23.31 percent in May 2020.
Image credits: Facebook page of More Power
