By JACK TURQUEZA
In a move aimed at reducing its monthly obligation to the National Transmission Corp. (Transco) for the use of its sixty-nine kilovolts (69kv) sub-transmission line from San Esteban, Ilocos Sur to this town, this province's electric cooperative decided to acquire the facility.
Abra Electric Cooperative (Abreco) General Manager Loreto P. Seares Jr and board president David Guzman signed recently the agreement at the Transco offices in Quezon City.
Transco President and CEO Arthur N. Aguilar signed the contract in behalf of the corporation.
After the signing, Abreco and Transco need to wait for the approval by the Energy Regulatory Commission (ERC) of the purchase contract.
"Our acquisition of the 40-kilometer 69-kv sub-transmission line will ultimately lower the monthly bills of Abreco member-consumers. We will also reduce system loss, lessen power interruption, and will have an improved service reliability," Seares said in an interview.
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