The National Electrification Administration (NEA) has extended the payment deadline for amortization of loans extended to electric cooperatives (ECs) that are due for the second quarter of 2020. NEA Administrator Edgardo Masongsong issued Memorandum No. 2020-033, extending the deadline for ECs to settle their loan amortization from June 30 to July 30, 2020. The relief […]
Tag: electric cooperatives
The Philippine Rural Electric Cooperatives Association, Inc. (PHILRECA) said electric cooperatives (ECs) have shown strength and resilience in the face of the ongoing public health crisis caused by the coronavirus disease (COVID-19) pandemic. In a statement, PHILRECA president and party-list Rep. Presley De Jesus said since the declaration of a state of public health emergency, […]
As the coronavirus disease (COVID-19) pandemic continues to affect the energy sector in the country, the Philippine Rural Electric Cooperatives Association, Inc. (PHILRECA) has assured that electric cooperatives (ECs) will continue to provide consumers with affordable power rates as compared to other distribution utilities. “Electric cooperatives are the government’s staunchest and most ideal partner in […]
The National Electrification Administration (NEA) has directed the electric cooperatives (ECs) to ensure reliable and sufficient electricity to households in rural communities as the education sector shifts to a “new normal.” NEA Administrator Edgardo Masongsong issued the statement as the Department of Education (DepEd) prepares to implement a blended learning approach for students in the […]
The supply of electricity in provinces affected by the recent Typhoon Ambo is now back to normal, except for some areas in Sorsogon, Eastern and Northern Samar, based on the reports received by the National Electrification Administration (NEA). As of Monday afternoon (May 25), NEA Disaster Risk Reduction and Management Department (DRRMD) reported that power […]
The Philippine Rural Electric Cooperatives Association, Inc. (PHILRECA) on Monday said the 121 electric cooperatives (ECs) in the country have complied with all the directives of government regulatory agencies to protect the interests of consumers during the enhanced community quarantine (ECQ) period. PHILRECA Executive Director and General Manager lawyer Janeene Depay-Colingan issued the statement in […]
True to its mission of extending social advocacies, cultural development, and economic prosperity and abundance to member-consumer-owners or MCOs, the One EC Network Foundation, Inc. (OECNF) has pledged to donate a total of P12.1 million to all electric cooperatives (EC) or about P100,000 per EC. In its regular meeting held last April 22, 2020, […]
A total of P365 million in electricity charges will be subsidized by 121 electric cooperatives (EC) in the Pantawid Liwanag Program. According to Rodrigo Sacedor, chairperson of the National Center of Electric Cooperatives Consumers, Inc. (NCECCO), this will hold the record for the ECs as they go all out to help over 3 million consumers […]
All 121 electric cooperatives operating nationwide have given their support to the Pantawid Liwanag program. According to Rodrigo Sacedor, Chairperson of the National Center of Electric Cooperatives Consumers, Inc. (NCECCO), over 3 million consumers will benefit from the program. “With the solidarity and resilience of those who believe in the rural electrification movement, the Pantawid Liwanag has been supported […]
Electric cooperatives (ECs) are authorized to realign the budget they have set aside for some of their institutional activities this year to fund the initial rollout of their respective “Pantawid Liwanag” programs, the National Electrification Administration (NEA) said. NEA Administrator Edgardo Masongsong said the power coops may consider this option as well as other fundraising activities to […]