Aboitiz Power to Test Prepaid Metering
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Written by Loren
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Wednesday, 01 July 2009 |
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To control electricity consumption and cut down system losses, Aboitiz Power Corp. (APC) may test its prepaid metering in Subic.A company executive said that APC, the Aboitiz group’s holding company for power generation and distribution, has chosen Subic because of its small customer base. Juan Antonio E. Bernad, APC executive vice president for regulatory affairs said that the company is still looking at different options in other countries. He said that they will study prepaid metering and consider a pilot testing soon. In addition, Bernad added that a US company offered a system that doesn’t require a change in meters. Besides considering whether prepaid metering should be voluntary or mandatory, the government through the Energy Regulatory Commission (ERC) should also decide the length of the system's coverage. Last year, the ERC released draft rules covering prepaid electricity, a system that is seen to cut down on system losses and eventually result in lower rates. [via] |