Meralco sees billions in savings from cutting co-op system losses

MANILA Electric Co. (Meralco) said partnerships with electric cooperatives (ECs) could generate billions of pesos in consumer savings by bringing double-digit system losses down to single-digit levels. Meralco Senior Vice-President and Head of Strategic Distribution Utility Partnerships Arnel P. Casanova said on Money Talks with Cathy Yang on One News on Thursday that some ECs […]