The Department of Energy (DOE) is closely monitoring power supply in Iloilo City to ensure there is no disruption of services amid the ongoing legal issue between Panay Electric Co. (PECO) and More Electric Power Corp. (MORE Power), coupled with the expected higher demand during summer.
“Definitely, DOE is closely monitoring the situation in Iloilo and have to ensure no disruption of services… The issue in Iloilo is not on supply, it’s on the operation of PECO plus their legal concerns with MORE Power,” Mario Marasigan, energy director, said in a statement.
Marasigan said he does not see any shortage of supply in Iloilo City as Panay is even exporting electricity to Cebu and that the Wholesale Electricity Spot Market is operational in Visayas.
MORE Power was granted a franchise to operate a distribution network in February last year, while PECO’s franchise expired in January 2019.
The Razon-led power distribution firm’s franchise grants a two-year transition period to PECO which was running with a certificate of public convenience and necessity from the Energy Regulatory Commission.
As of Wednesday, Visayas’ power reserves stood at 441 megawatts (MW) versus available generating capacity of 2,369 MW and demand of 1,928 MW.