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From the P200 million allocation in next year’s emergency response funds for electric cooperatives, Senator Win Gatchalian expressed his support to increase the appropriation for the Electric Cooperatives Emergency and Resiliency Fund (ECERF). The ECERF was institutionalized as a ready fund that can be tapped by ECs for faster restoration of electricity and power facilities […]
The National Electrification Administration (NEA) has released P455.293 million worth of loans, including calamity loans, to 19 electric cooperatives (ECs) under the Enhanced Lending Program from January to August this year. Data from the NEA Accounts Management and Guarantee Department (AMGD) as of August 31, 2021 showed that the bulk or P380.293 million of these […]
Lawmakers from all seven districts of Negros Occidental have sought an inquiry on the recent power rate hike imposed by electric cooperatives. 3rd District Rep. Jose Francisco Benitez said he filed House Resolution 2206 to push for a congressional inquiry. “We want to determine what is causing the increase in electricity rates and what we […]
State-run National Electrification Administration (NEA) has begun the process to transfer the authority to supervise electric cooperatives (ECs) in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) to the Bangsamoro Government. Republic Act No. 11054, otherwise known as the Bangsamoro Organic Law (BOL), was approved on July 27, 2018. With the passage of the BOL, […]
The National Electrification Administration (NEA) directed the electric cooperatives (ECs) in Luzon, especially those in Region IV-A, to make the necessary preparations following the phreatomagmatic eruption of Taal Volcano. The NEA through its Disaster Risk Reduction and Management Department (DRRMD) issued an advisory on Thursday, July 1, calling on all Luzon ECs to take the […]
Cabinet Secretary Karlo Nograles made a brief but productive visit to the Tablas Island Electric Cooperative (TIELCO) main office in Romblon last June 18, 2021 where he expressed full support for electric cooperatives’ (ECs) advocacy of achieving comprehensive rural electrification in the countryside. In a meeting with Congressman Budoy Madrona, Governor Jose Riano, TIELCO OIC-General […]
Electric cooperatives (ECs) have recorded an additional 148,792 consumer connections in the first quarter of the current year, data submitted to the National Electrification Administration (NEA) showed. The NEA Information Technology and Communication Services Department (ITCSD) said the figure, which is equivalent to 37 percent of the corporate target, is slightly higher than the 134,435 […]
Electric cooperatives (ECs) affected by Tropical Storm ‘Dante’ have made significant progress in restoring power to their respective coverage areas, with the majority of them already back to normal operations. Based on the monitoring of the National Electrification Administration (NEA) through its Disaster Risk Reduction and Management Department as of Sunday (June 06), the provinces […]
State-run National Electrification Administration (NEA) recently issued an addendum to the existing guidelines approved by the agency in October last year on writing-off worthless consumer accounts receivables. The addendum comes after the Lanao del Sur Electric Cooperative, Inc. (LASURECO) wrote to the agency’s Electric Cooperatives Audit Department (ECAD), requesting to write-off power bills, the records […]
The National Electrification Administration (NEA) released P123.118 million in loans in April alone to improve the rural electrification infrastructure of five electric cooperatives (ECs) in the country. The recipients were Bantayan Island Electric Cooperative, Inc. (BANELCO), La Union Electric Cooperative, Inc. (LUELCO), Quezon I Electric Cooperative, Inc. (QUEZELCO I), Bohol II Electric Cooperative, Inc. (BOHECO […]