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Government

NEA EXTENDS P1.294-B WORTH OF LOANS TO 46 POWER COOPS IN FIRST SEMESTER – MASONGSONG

The financial assistance extended by the National Electrification Administration (NEA) to different electric cooperatives (ECs) has reached P1.294 billion from January to June this year, 23 percent higher compared to the P1.050 billion registered in the same period a year earlier. “At least 46 of the 121 ECs supervised by the state-run agency have availed […]

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Government

EMERGENCY AND RESILIENCY FUND FOR ELECTRIC COOPERATIVES NOW A LAW – MASONGSONG

State-run National Electrification Administration (NEA) welcomed the signing into law of the bill establishing an emergency and resiliency fund for electric cooperatives (ECs). On June 29, President Rodrigo Duterte signed into law Republic Act 11039, also known as the “Electric Cooperatives Emergency and Resiliency Fund Act.” The new law provides the ECs access to financial […]

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Government

INSTITUTIONAL, FINANCIAL AND TECHNICAL ASSISTANCE FROM NEA IMPROVES EC SECTOR PERFORMANCE – MASONGSONG

State-run National Electrification Administration (NEA) has released the results of the thorough assessment of the overall performance of the 121 electric cooperatives (EC) under its supervision. The 2017 EC Overall Performance Assessment showed an increase in the number of power distribution utilities that are fully compliant with the key performance standards (KPS) of the NEA. […]

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Government

SALES OF ELECTRIC COOPS UP 11% IN FIRST QUARTER COMPARED TO LAST YEAR – MASONGSONG

Electricity sales by the electric cooperatives (ECs) in the first quarter of 2018 have reached 4,924 gigawatt hours (gWh), an increase of 11 percent compared to the same period last year, the National Electrification Administration (NEA) figures show. Data released by the Information Technology and Communication Services Department (ITCSD) of the agency identified the residential […]

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Government

NEA BIT PHASE 3 LAUNCHED – MASONGSONG

State-run National Electrification Administration (NEA) rolled out the third phase of the implementation of the NEA Business Intelligence Technology (BIT) system, signaling the completion of the project. Speaking at the NEA BIT Phase 3 Go Live Program held at the H.E.S. Auditorium, NEA Building in Quezon City, Administrator Edgardo Masongsong said the project was designed […]

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Government

ABRECO IS ON TRACK, EN ROUTE TO RECOVERY – MASONGSONG

After a few months of instituting the needed reforms, the Abra Electric Cooperative (ABRECO) under its new management is now paying its monthly power supply bills on time, ensuring continued electricity service in its coverage area. ABRECO Acting General Manager Charito Mabitazan said the utility’s power bills to the Philippine Electricity Market Corp. (PEMC) and […]

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Government

STRATEGIC PARTNERSHIP FORGED BETWEEN TWO EC ORGS TO PURSUE COMMON GOAL – MASONGSONG

State-run National Electrification Administration (NEA) touted the strategic partnership between the two national organizations of electric cooperatives aimed at pushing forward the welfare and interest of the ECs and the power consumers in light of the recent challenges facing the rural electrification sector. Administrator Edgardo Masongsong expressed delight at the decision of the Philippine Rural […]

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Government

SPECIAL TASK FORCE SET UP TO MONITOR POWER COOPS’ SERVICES – MASONGSONG

To ensure electric service reliability in the coming elections, the National Electrification Administration (NEA) has ordered the creation of a task force that will monitor the power situation in areas covered by electric cooperatives across the country. Administrator Edgardo Masongsong issued Office Order No. 2018-099 dated April 30, establishing “NEA Power Task Force Election (NPTFE) […]

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Government

NEA RECORDS 93K-PLUS NEW POWER COOP CONSUMER CONNECTIONS

The number of Filipino households connected to electricity has increased significantly in the first two months of 2018, despite the many factors hindering the implementation of the rural electrification program, the National Electrification Administration (NEA) has reported. The NEA through its Information Technology and Communications Services Department (ITCSD) has monitored 93,324 new consumer connections or […]

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Government

SIX SITIOS UNDER TIELCO COVERAGE AREA TO BE ENERGIZED SOON – MASONGSONG

Residents of the six unenergized sitios in the three municipalities of Tablas Island in the province of Romblon will no longer have to wait for years as electricity may come to them sooner than later. Administrator Edgardo Masongsong of the state-run National Electrification Administration (NEA) has recently asked the Tablas Island Electric Cooperative, Inc. (TIELCO) […]