ILOILO CITY – Negros Electric and Power Corp. president Roel Castro vowed to bring in the technology they provided in Iloilo to Central Negros to improve power services in the area when NEPC begins operations.
Castro, who spoke at the U.S. Embassy’s 16th Media Seminar here on Monday, July 8, said there are similarities in the power needs of Iloilo and Negros, so they will bring similar services but the approach will be different to ensure that the consumers will benefit from it.
“The approach might be different but the common thing is that it will be for the benefit of the consumers”, Castro said.
Castro presented to the media the best practices of More Electric Power Corp. (More Power) that operates in Iloilo City and led a tour of its P50 million control room.
He is also the chief executive officer and president of More Power.
When they started their More Power operations in 2021 in Iloilo, the system reliability improved as their monthly interruption frequency decreased by 83 percent and monthly average interruption duration by 82 percent, he said.
When they started in March 2020, systems loss was at 30 percent but it was reduced by 24.40 percent in May this year.
He also highlighted that More Power has ensured lower electricity rates, and has invested in network resilience through upgrading primary and secondary lines, installation of sub-transmission lines, and installation of overhead devices, among others.
Castro also said that they are creating strategic investments to equip their systems to integrate renewable energy and to actively support the government directives for RE transition.
NEPC is waiting for President Ferdinand Marcos Jr. to sign its franchise into law so it can take over the power distribution services of Central Negros Electric Cooperative.*