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The National Electrification Administration (NEA) proposed a total of P4.9 billion budget for 2018, majority of which shall be used to fund loans for the electric cooperatives (ECs), capital expenditure (capex) requirements, and other electrification projects. This is based on the approved National Expenditure Program (NEP) of the Department of Budget and Management (DBM) […]
Some 5,300 member-consumers of the Benguet Electric Cooperative, Inc. (BENECO) on took their oaths as new members of the National Center of Electric Cooperative Consumers, Inc. (NCECCO). No less than National Electrification Administration (NEA) chief Edgardo Masongsong administered the mass oathtaking during BENECO’s 37th Annual General Membership Assembly (AGMA). Established last January, NCECCO is […]
National Electrification Administration (NEA) chief Edgardo Masongsong rallied all electric cooperatives (ECs) under its supervision to support the agency’s legislative agenda, including the possibility of expanding its authority over all power distribution utilities (DUs). Masongsong asked the general managers of the electric cooperatives to help him lobby Congress to increase or expand its mandate […]