The Philippine Rural Electric Cooperatives Association, Inc. (PHILRECA) extends its deepest gratitude to the House of Representatives, Senate of the Philippines, the Office of the President, and the National Electrification Administration (NEA) for the strong push towards the recent approval of the franchise bills of two member-electric cooperatives (ECs) namely Camarines Sur IV Electric Cooperative, Inc. (CASURECO IV) and the First Laguna Electric Cooperative, Inc. (FLECO).
Through Republic Act No. 12277 for CASURECO IV and Republic Act No. 12278 for FLECO, the franchises of these cooperatives have been officially secured, ensuring the continuity of their vital role in powering households, businesses, and communities in their respective service areas.
PHILRECA congratulates CASURECO IV and FLECO for this legislative milestone that affirms their mandate to provide reliable, affordable, and sustainable electricity to their member-consumer-owners (MCOs). These approvals are not only triumphs for the cooperatives themselves, but also for the communities that rely on them for progress and development.
“We are sincerely grateful to the Office of the President, NEA, and the lawmakers, particularly our Power Bloc representatives, for recognizing the crucial role of our electric cooperatives in advancing rural electrification and inclusive growth. The secured franchises of CASURECO IV and FLECO are testaments to the trust and confidence placed in them to continue serving their communities with dedication and integrity,” PHILRECA expressed.
PHILRECA also underscored that franchise renewals are vital to sustaining the mission of rural electrification, as they empower electric cooperatives to pursue development programs, expand coverage in underserved areas, and strengthen their services for generations to come.
