Meralco to invest P19.2 B for ‘smart meters’ rollout

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Meralco to invest P19.2 B for ‘smart meters’ rollout
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Power utility giant Manila Electric Company will be investing P19.2 billion in the next four years for the rollout of intelligent meters or advanced metering infrastructure for customers within its franchise area in Metro Manila and neighboring provinces.

Power utility giant Manila Electric Company will be investing P19.2 billion in the next four years for the rollout of “intelligent meters” or advanced metering infrastructure for customers within its franchise area in Metro Manila and neighboring provinces.

Valles said the rollout of AMI meters has been integrated into Meralco’s filing with the Energy Regulatory Commission for tariff adjustment under its fifth regulatory reset that has been anchored on performance-based rate setting methodology. Meralco initially targeted 1.0 million smart meters’ installation in 2020, but because of the health crisis, project plans as well regulatory actions on tariff-reset for power utilities were also moved.

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