Loans, including calamity loans, extended by the state-run National Electrification Administration (NEA) to electric cooperatives (ECs) reached P343.445 million in the seven-month period (January to July 2020). A big chunk of these loans, P240.365 million, went to fund the electrification projects and working capital requirements of nine ECs, data from the NEA Accounts Management […]
Tag: power coops
The National Electrification Administration (NEA) has ordered all electric cooperatives (ECs) to be on alert and ensure contingency plans are in place to address power outages that may result in the wake of Tropical Depression Carina. The NEA through its Disaster Risk Reduction and Management Department (DRRMD) on Monday (July 13) issued an advisory, asking […]
The Philippine Rural Electric Cooperatives Association, Inc. (PHILRECA) has expressed its willingness to assist the Energy Regulatory Commission (ERC) in addressing the consumer complaints against some electric cooperatives (ECs) over electricity bills. In a statement, PHILRECA Executive Director and General Manager Janeene Depay-Colingan assured the government regulatory agencies including ERC that it is monitoring the […]
Electric cooperatives (ECs) have started restoring power distribution services to several provinces that experienced outages due to the onslaught of Typhoon Ursula, the National Electrification Administration (NEA) said. The NEA Disaster Risk Reduction and Management Department (DRRMD) reported that 16 provinces in Mimaropa, Central Visayas, Eastern Visayas, and Western Visayas lost electricity due to the […]