first_img“This is industry knowledge. We hadpreviously studied the GE-i210 for PECO before, but we deemed it unsuitable anddangerous for consumers,” said Cacho. “Our EDMI-NC30 smart meters are alsoapproved by the Energy Regulatory Commission (ERC).” The approved list of meters on theERC’s website lists both meters, but there is a considerable price difference.The suggested retail price of PECO’s EDMI-NC30 sits at P3,500 per unit withsmart meter capabilities, while MORE Power’s GE-i210 has an SRP (suggestedretail price) as high as P4,200 without such technology. “Not only do they have to replace atleast 57,000 meters at that high of a price, they have also chosen a meter thatcould financially destroy consumers,” stressed Cacho. “Either they have no ideawhat they are doing because they lack the technical expertise, or they knowexactly what they are doing and pushing through with it anyway.” Cacho was referring to the ongoingcase of US-based Central Maine Power Co. (CMP), which was slapped by the MainePublic Utilities Commission (MPUC) with a US$10-million penalty last month forthe botched rollout of its new billing system which generated inaccurate billsfor thousands of customers. CMP has since been required byregulators to upgrade or replace its GE-i210 meters by the end of March. Rob DuPaul, a small business ownerfrom Maine, noted that when CMP replaced his meter with the GE-i210, his billjumped from US$100 to as high as US$1,500, approximately 15 times the amountprior to the installation of the new meter. He eventually filed for bankruptcy. MORE Power purchased GE-i210 metersfor its billing system in an attempt to ensure “inexpensive power” but the samemeter model received severe backlash for poor readings that have led to highercharges. ILOILO City – Ports magnate EnriqueRazon’s MORE Electric and Power Corp. (MORE Power) has invested in equipmentthat has the potential to increase power rates tenfold. The MPUC’s investigation revealed thatCMP’s GE-i210 meters contained a defect that caused them to record erroneouslyhigh usage that did not reflect actual power consumption. While many Americanssuffered an average 50-percent increase in rates, some consumers complainedthat their rates skyrocketed much higher. “The meters they purchased wererecently involved in a serious case of inaccurate billing in the United Statesthat cost consumers thousands of dollars,” said Panay Electric Co.’s (PECO)head of Public Engagement and Government Affairs Marcelo Cacho. “Ilonggos deserve the best. Nothingless, nothing MORE,” he added./PNlast_img