With Bangko Sentral ng Pilipinas (BSP) Governor Amando M. Tetangco Jr. set to step down on July 3, the head of one of the country’s top universities is hoping President Rodrigo Duterte will announce the name of his successor by May this year to pave the way for a transition that will assure investors […]
Category: Government
More electric cooperatives (ECs) reduced their systems losses last year, resulting in a record low average of 10.99%, down 0.13% from the 11.12% average they posted in 2015, the National Electrification Administration (NEA) has reported. Latest data released by the NEA Engineering Department over the Holy Week break showed that 42 ECs registered single-digit […]
Citing its “tremendous potential”, the National Electrification Administration (NEA) has urged electric cooperative consumers to “come together” to establish a bank dedicated to them. NEA chief Edgardo Masongsong made the statement before the Barangay Member Consumers Electrification Committee (BMCEC) on April 8 at the Fibeco Consumers Training Center in Maramag, Bukidnon. In his message, […]
The National Electrification Administration (NEA) this week released the results of its 2016 overall performance assessment of electric cooperatives (ECs) in the country and all distributors in the Western Visayas, Central Visayas and Caraga regions have kept their AAA ratings from the agency. Administrator Edgardo Masongsong welcomed this development as the ECs remained compliant […]
National Electrification Administration (NEA) chief Edgardo Masongsong recently extolled the Pangasinan Electric Cooperative I (Panelco I) for empowering majority of its member-consumer-owners (MCOs), which enabled it to reach almost a billion in total assets. Masongsong met the executives of Panelco-1 when he graced its 10th Annual General Assembly Meeting for the first time last […]
The number of electric cooperatives (ECs) that obtained an AAA rating from the National Electrification Administration (NEA) has increased from 70 to 77 in the past year, results of the 2016 EC Overall Performance Assessment show. NEA evaluates and determines the overall performance ratings of all electric cooperatives under its supervision yearly using the two […]
Electricity consumers and providers should expect more inexpensive and more efficient services as over one thousand delegates representing 121 electric cooperatives will meet from April 27 to 28 for the first National Summit of Electric Consumers in Davao City and the 2017 National Electrification Administration (NEA)-Electric Cooperatives (EC) Consultative Conference and Lumens Awards Ceremonies. […]
“As long as mining operations comply with the law and do not damage the environment, then they should not feel threatened.” This according to Department of Environment and Natural Resources (DENR) chief Gina Lopez, who on Friday reiterated that the DENR was not anti-mining, but is committed to strictly enforce environmental laws whether they […]
Department of Environment and Natural Resources (DENR) Secretary Gina Lopez on Saturday said that the country’s participation in Earth Hour highlights the need for collective action to address environmental issues like climate change. “Earth Hour reminds us that anyone, down to the last man, woman, and child in the country can do something to […]
A top DENR official directed attention to a recent successful inter-government operation that prevented an attempt at illegal logging in Bulacan, noting that the environment department was at “full throttle in its campaign to protect the environment.” “The DENR is more active than ever in implementing environmental protection. We’re moving forward and not at […]