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Government

EFFECT OF COAL TAX HIKE ON EC POWER RATES ‘MINIMAL’ – MASONGSONG

Electricity consumers in the provinces who are subscribed to different electric cooperatives (ECs) need not worry about the increased excise tax imposed on coal as its impact on their power rates will be “minimal,” the National Electrification Administration (NEA) said. Administrator Edgardo Masongsong said EC consumers may expect price adjustments in their power bills by […]

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Government

MARAWI ENTREPRENEURS RECEIVE LOAN ASSISTANCE — LOPEZ

At least 24 Maranao entrepreneurs received assistance from the Small Business Corporation (SB Corp) in the form of Pondo sa Pagbabago at Pag-asenso (P3) loans to help bring back the business environment in the war-torn city. SB Corp, the micro-financing arm of the Department of Trade and Industry (DTI) released a total of P245,000 to […]

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Government

FIRECRACKER BAN SPARKS SIGNIFICANT DROP in NEW YEAR AIR POLLUTION LEVELS – CIMATU

The Department of Environment and Natural Resources (DENR) has credited the significant drop in air pollution levels recorded in Metro Manila during the recent New Year revelry to Executive Order (EO) no. 28 signed by President Rodrigo Duterte that strictly regulated the use of firecrackers and other harmful pyrotechnic devices. “This just goes to show […]

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Government

POWER COOPS IN BUKIDNON NOT BOTHERED BY COAL TAX HIKE – MASONGSONG

One would normally expect utility companies to bewail the recent imposition of higher taxes, no matter how well-intentioned it may be, but that is surprisingly not the case for electric cooperatives (ECs) in this Northern Mindanao province. While some non-profit distribution firms are probably getting all worked up by now, trying to put their customers […]

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Government

NEA APPROVES P151-M CALAMITY LOAN to REHAB POWER LINES in MARAWI – MASONGSONG

The National Electrification Administration (NEA) Board of Administrators recently approved the calamity loan that would fund the rehabilitation and reconstruction of the damaged power distribution lines in Marawi City. Administrator Edgardo Masongsong said the NEA Board, in a resolution dated December 5, approved the request of the Lanao del Sur Electric Cooperative, Inc. (LASURECO) for […]

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Government

NEA GETS ISO 9001:2015 CERTIFICATE – MASONGSONG

The National Electrification Administration (NEA) has received its new ISO 9001:2015 certificate confirming that the agency’s quality management system is compliant with international standards. Issued by TÜV Rheinland, NEA’s certifying body, the certificate is valid for three years (from February 2018 to February 2021) subject to annual surveillance audit. NEA Administrator Edgardo Masongsong said this […]

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Government

NEA Deadset on Consumer Empowerment, Total Electrification – MASONGSONG

State-run National Electrification Administration (NEA) remains steadfast in its commitment to carry out the total electrification of the country despite the many challenges, including the liquidation of subsidy funds released to its partner electric cooperatives. Administrator Edgardo Masongsong, in a press conference with Energy Secretary Alfonso Cusi and other officials at the Department of Energy […]

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Government

Vietnam, South Korea, Indonesia and Other Countries Laud Creation of PTFOMS – SY EGCO

  “The Philippines is at the forefront of the global concern for the protection of journalists. In creating a presidential task force specifically organized for the purpose of media security, the government is showing that it is serious and sincere in addressing the rights and welfare of journalists.” This according to Undersecretary Joel Sy Egco, […]

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Government

Study Impact of Coal Tax Hike on Electricity Consumers – MASONGSONG

  With proposals to impose higher excise taxes on coal to promote the development of renewable energy sources, National Electrification Administration (NEA) chief Edgardo Masongsong urged legislators to study the impact of the said proposals, especially their effect on the costs of electricity. The NEA chief feared the proposal to raise the coal tax from […]

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Government

Take Advantage of Electricity to Improve Lives – MASONGSONG

  National Electrification Administration (NEA) Administrator Edgardo Masongsong has encouraged electricity consumers, especially those living in rural and remote areas of the country, to make use of the opportunities offered by electricity to improve their lives. Masongsong said this during the 37th Annual General Membership Assembly (AGMA) of Leyte IV Electric Cooperative, Inc. (LEYECO IV) […]