controlling the maintenance OPEX is one of the major challenges that any utility faces. The challenges lie in how to optimize the three main factors: risk, performance, and cost. Besides, no utility can depend on a unique type of maintenance, there is always a combination of a different kind of maintenance such as breakdown, preventive, risk-based, conditionbased,.. etc. So, what is the answer to this question: what type of maintenance needs to be followed to keep the transformer in service in with high performance? There is no specific answer to this question. Each type of maintenance can be applied based on the transformer`s operating environment. However, most of the utilities apply preventive and condition-based maintenance. To justify ...