Power firm told to follow recommendations

Published September 26, 2018, 6:36 PM

by AJ Siytangco

By Tara Yap

ILOILO CITY — The Iloilo Economic Development Foundation Inc. (ILED) is urging Panay Electric Co. (PECO), the sole power distributor in Iloilo City, to fully implement recommendations made in an independent study.

(MANILA BULLETIN)
(MANILA BULLETIN)

“The recommendations are just the minimum steps a distribution utility should take to serve its stakeholders,” ILED said in a statement.

ILED commissioned WSP Global Inc. to make an assessment of PECO’s distribution network, which PECO will present to Congress when it renews its franchise.

“This study is crucial as it offers an independent, objective and global view of PECO’s network performance and the quality of its asset and system platform,” ILED Executive Director Francis Gentoral noted.

While WSP found that PECO’s network performance “improved significantly since 2010”, its services lagged behind distribution utilities in Metro Manila, Cebu and Davao.

“ILED expects significant investments, steadfast commitment and enhanced capability for quality power service delivery,” Gentoral added as ILED pushes to entice more investors in Iloilo City.

PECO pointed out that records from the Energy Regulatory Commission (ERC) found that it implemented recommendations in a 2010 study also commissioned by ILED in 2010.

PECO also assured that it has been investing to improve its services over the years.

“There may be certain aspects that have not yet been implemented in full, but are nonetheless being implemented phase by phase and will soon be completed,” PECO said in a statement sent to Manila Bulletin.

 
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