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The National Electrification Administration (NEA) has reported that the initial estimated cost of damage to electric cooperative (EC) facilities attributed to the four major storms that hit the Philippines this month reached a combined total of P40,675,916.70. The latest figure covers the trails of destruction left on the rural electrification sector by Typhoons ‘Marce’ (Yinxing), […]
Pending the resolution of cases in court, Senator Win Gatchalian urged the National Electrification Administration (NEA) to observe the status quo in the operations of Benguet Electric Cooperative (BENECO) under the leadership of its board-appointed general manager. “We’ve known BENECO as a perfectly managed cooperative. My only interest being your chairman of the Senate Energy […]
The National Electrification Administration (NEA) disbursed P440-million worth of loans, including calamity loans, to 20 electric cooperatives (ECs) last year. Data from the NEA Accounts Management and Guarantee Department (AMGD) showed that the total loans extended to ECs from January to December 2020 reached P439.983 million. Of the total calamity loans released by the NEA […]
State-run National Electrification Administration (NEA) welcomed the increase in funding for the implementation of the government’s rural electrification program for this year. Under the General Appropriations Act (GAA) for 2021, the NEA was allocated P2.498 billion for the rural electrification program. This amount is P670 million higher than the P1.828 billion recommended under the 2021 […]
The National Electrification Administration (NEA) has temporarily installed a project supervisor and acting general manager (PS/AGM) at the South Cotabato I Electric Cooperative, Inc.(SOCOTECO I) pending the appointment of a regular general manager. Through NEA Office Order No. 2020-046 dated February 24, 2020, NEA Administrator Edgardo Masongsong designated Atty. Ricardo Orias, Jr. as PS/AGM to […]
Preparations to mark the 50th founding anniversary of the National Electrification Administration (NEA) are well underway, with a series of activities and events for its stakeholders to commemorate the significant event. Carrying the theme “NEA@50: One with ECs and MCOs for Sustainable Rural Development,” this year’s celebration will highlight the NEA and Electric Cooperatives’ […]
Senator Win Gatchalian wants to dig deeper into the operations of underperforming distribution utilities (DUs) in the country amid persistent complaints of rolling brownouts in several areas in the country. Gatchalian, chair of the Senate Committee on Energy, recently filed Senate Resolution No. 1022, which directs the conduct of an inquiry, in aid of legislation, […]
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 […]
Senator Win Gatchalian lauded the signing into law of a measure which strengthens resiliency among electric cooperatives by institutionalizing government support and financial assistance during disasters. President Rodrigo Duterte signed into law Republic Act 11039, otherwise known as the Electric Cooperatives Emergency and Resiliency Fund Act. The law provides that government shall allot funding under […]
A number of communities situated in remote parts of Mindanao where expansion of electricity grid facilities is extremely challenging will soon no longer have to live in darkness, thanks to solar home systems (SHS). The National Electrification Administration (NEA) disclosed that the installation of a Photovoltaic Mainstreaming system for 5,000 households within the coverage areas […]