Socoteco II, Ignite Power eye trimming system loss to 5.5%

Socoteco II Photo from website

MANILA, Philippines — The South Cotabato II Electric Cooperative (Socoteco II) aims to cut system losses charged to consumers to 5.5 percent, with new capital from Razon-Pacquiao-backed Ignite Power supporting its modernization program.

In a statement, Ignite Power information officer Jonathan Cabrera said the fresh funds would help the power cooperative strengthen its distribution system and subsequently trim system losses from the current 8.25 percent.

READ: Socoteco II gives nod to Ignite Power tie-up

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Socoteco II, Ignite Power eye trimming system loss to 5.5%

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