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The National Electrification Administration (NEA) welcomed the Joint Memorandum Circular (JMC) of the Department of Energy (DOE) and Department of Finance (DOF) providing the guidelines for the availment of certain local tax exemptions by Electric Cooperatives (ECs). “The availment of these preferential rights will help the ECs allocate monetary resources to better pursue our common […]
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), […]
The National Electrification Administration (NEA) and Philippine Rural Electric Cooperatives Association, Inc. (Philreca) activated Task Force Kapatid (TFK) over the weekend to aid in the rehabilitation efforts of calamity-hit Batanes Electric Cooperative, Inc. (BATANELCO). At least 17 linemen and two engineers from the NEA Disaster Risk Reduction and Management Department (DRRMD) were deployed Saturday morning, […]
A total of 27 electric cooperatives (ECs) applied for state-funded loans to finance their capital expenditures (CapEx), among other projects, by end of August 2024, the National Electrification Administration (NEA) has reported. Latest data from the NEA Accounts Management and Guarantee Department (AMGD) showed that 22 ECs borrowed at least P780-million for their CapEx projects. […]
Isabela 6th District Rep. Inno Dy on Tuesday called on National Electrification Administration chief Antonio Almeda to put a stop to the mismanagement of electric cooperatives committed by unscrupulous officials. “Panahon na para tuldukan natin ang mga pang-aabuso ng ibang mga opisyales ng mga electric cooperatives natin. Panahon na para baguhin ang kanilang mga polisiya […]
As Chairman of the Senate Committee on Energy, Senator Raffy Tulfo confirmed that he already talked with National Electrification Administrator (NEA) Antonio Almeda today to discuss the current energy crisis in Occidental Mindoro, which has been placed under a state of calamity due to 20-hour daily power outages for more than a month now. It […]
The National Electrification Administration (NEA) announced its plans and programs that will drive the country toward achieving sustainable and inclusive economic growth. At the recently concluded NEA Strategic Thinking Conference-Workshop in Pampanga, NEA Administrator Antonio Mariano Almeda vowed to attain 100-percent electrification in the country by 2028. NEA will help in the facilitation of the […]
The National Electrification Administration (NEA) gathered key officials of Electric Cooperatives (ECs) from Region VI, VII and VIII in a seminar that aims to capacitate their newly elected Board of Directors, and newly appointed General Managers and Officer-in-Charge in understanding the Electric Power Industry. Former Energy Regulatory Commission (ERC) Commissioner Atty. Josefina Patricia M. Asirit […]
The National Electrification Administration (NEA) continues as one of the top-ranking Government- Owned and Controlled Corporations (GOCCs), according to the Governance Commission for GOCCs (GCG). Since 2020, the NEA has made it to the list of top-performing GOCCs in the country based on the Corporate Governance Scorecard (CGS) for GOCCs. The GCG is mandated to […]
Isabela 6th District Rep. Faustino “Inno” Dy V urged the National Electrification Administration and the Department of Energy to intervene amid a power crisis in Isabela, as he blasted two electric cooperatives (ECs) for their failure to provide cheap and reliable electricity in the province. “We need someone to step in and rescue the province […]