The paper presents a comparison of Computational Intelligence techniques are Evolutionary Programming Swarm Optimization (EPSO), Particle Swarm Optimization (PSO), Evolutionary Programming (EP) to optimal placement and sizing of Static Var Compensator. The technique has been implemented to minimize the transmission loss and improve the voltage profile of the system. Simulation performed on standard IEEE 118-Bus RTS and indicated that EPSO a feasible to achieve the objective function.