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HOMESPHNEWSReal EstateMORE Power's First Unmanned Substation Removes a Critical Barrier for Iloilo's Surging Property Market

MORE Power's First Unmanned Substation Removes a Critical Barrier for Iloilo's Surging Property Market

Updated May 15, 2026
ByHOMESPH NEWS
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MORE Power commissioned Iloilo City's first fully unmanned 30-MVA substation in May 2026, operated remotely via SCADA. The facility enables automated fault detection and power restoration within seconds, eliminating on-site personnel while maintaining 24/7 monitoring. The modernization strengthens grid reliability for Iloilo's booming property market, where house-and-lot take-up has reached 96% and office transactions have outpaced Metro Cebu, by reducing operational risk for commercial locators and supporting residential expansion into newly franchise-covered southern municipalities.

Real Estate

Iloilo City

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ILOILO CITY — When MORE Electric and Power Corporation flipped the switch on Iloilo City's first fully unmanned 30-megavolt-ampere substation in May 2026, the moment registered not only on the utility's SCADA dashboard but also on the radar of every developer, commercial lessor, and residential investor tracking the city's trajectory. The facility—controlled entirely from a remote operations center via an advanced Supervisory Control and Data Acquisition system—is the most visible milestone yet in a multiyear grid modernization programme that is methodically removing one of the last structural obstacles to Iloilo's property boom: the risk of prolonged, unpredictable power interruptions.

For a city whose house-and-lot take-up rate leads the Visayas-Mindanao region at 96 percent and whose condominium absorption outpaces Metro Cebu, grid reliability is no longer a background utility concern. It is a deal-making—or deal-breaking—variable. Colliers Philippines reported in early May 2026 that Iloilo has overtaken Metro Cebu in total occupied office spaces, driven by high-value outsourcing firms and global capability centres that cannot tolerate downtime. Megaworld's 72-hectare Iloilo Business Park alone generates an estimated 20,000 direct jobs across 13 office towers, every one of them dependent on uninterrupted power. The unmanned substation, by automating fault detection and restoring electricity to unaffected areas within seconds, effectively insures that commercial engine against the kind of cascading outage that can erase a quarter's worth of lease negotiations.

A Digital Brain That Property Investors Understand

MORE Power President and CEO Roel Castro described the SCADA-driven facility as part of a broader push to "future-proof Iloilo's energy system, creating a smart, resilient and sustainable electricity grid for years to come". The language is corporate, but the operational reality is granular: Intelligent Electronic Devices now monitor load flow, voltage levels, and equipment health in real time, enabling predictive maintenance and data-driven forecasting that prevent overloads before they occur. Substation Project Manager Mark Anthony Molano noted that the technology eliminates the need for on-site personnel in high-voltage environments, improving safety while maintaining 24-hour monitoring precision.

For the property sector, the "digital brain" metaphor translates into a concrete underwriting advantage. A building whose power supply is backed by automated fault isolation and sub-second restoration presents a lower operational risk to tenants—and, by extension, a higher net operating income to landlords. BPO locators, who account for a substantial share of Iloilo's office absorption, routinely include power reliability clauses in their lease agreements. The unmanned substation, and the three-year rollout plan that MORE Power has attached to it, gives those locators a quantifiable reason to choose Iloilo over competing regional hubs whose grids have not undergone equivalent modernisation.

From 2020's Rusted Relics to 2026's Automated Grid

The scale of the transformation becomes legible only against the baseline MORE Power inherited. When the Razon-led utility took over the franchise in 2020, it walked into five deteriorating substations running on overloaded transformers and infrastructure that in some cases had not been substantially upgraded in three decades. One of those facilities, the Mandurriao substation, was so critically overstressed that Castro declared its repair "classified as urgent," warning of cascading failure if left unattended. Five years later, four of those five substations have been stripped down, rebuilt, and equipped with SCADA-ready switchgear and intelligent protection relays, and can now operate entirely without on-site personnel.

The unmanned substation commissioned in May is the capstone of that rehabilitation cycle and the foundation for what comes next. The House of Representatives approved on third and final reading a measure to expand MORE Power's franchise area to cover the municipalities of Igbaras, Tubungan, Oton, Tigbauan, Guimbal, Miag-ao, and San Joaquin. Those seven municipalities form a southern corridor that property developers have already begun scouting for land acquisitions. Grid reliability, delivered through automated substations, will determine how quickly that corridor converts from agricultural land into residential subdivisions.

Why a Substation Moves the Needle on Property Values

The link between power infrastructure and property values is neither anecdotal nor aspirational. Research on urban land markets has consistently identified electricity reliability as a statistically significant determinant of residential and commercial property prices. In emerging-market cities, the premium attached to a stable grid can exceed 10 percent of unit value. For Iloilo, which already posts the highest house-and-lot take-up rate in Visayas-Mindanao and has seen Megaworld's office-for-sale units appreciate by 43 percent to approximately ₱231,000 per square meter, the commissioning of an unmanned, SCADA-driven substation represents a marginal gain on an already appreciating asset base—the kind of infrastructure improvement that compounds rather than spikes.

PSPD Manager Wilmar Gonzaludo credited the project to "long and meticulous planning, plus a deep understanding of the system that Iloilo consumers need". The phrase "consumers" here includes not only households but the commercial and industrial users whose load growth drives demand for new office towers, retail centres, and residential condominiums. When MORE Power can monitor voltage levels and equipment health in real time, it can also forecast where the next demand hotspot will emerge—intelligence that developers pay consultants to provide and that the utility now delivers as a byproduct of its own operations.

HOMESPH NEWS

May 15, 2026

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