Following President Marcos' State of the Nation Address, Meralco urged caution on proposed system loss reforms, warning that any changes must not weaken operations or grid investments. Philstar Biz reported the statement.
System loss refers to electricity lost during transmission and distribution. Meralco argues that reducing the cap on system loss too quickly could hinder necessary maintenance and infrastructure upgrades, potentially affecting service reliability.
The company's stance highlights the delicate balance between consumer protection and utility sustainability. The Energy Regulatory Commission is expected to review the proposed reforms in the coming months.