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Government

ELECTRIC COOPS URGE PSALM TO FACE CONGRESS, EXPLAIN ASSET DISPOSAL AND FUND USE

“Sa Kongreso kayo magpaliwanag. (Explain to Congress).” This was the message addressed to the Power Sector Assets and Liabilities Management Corp (PSALM) by two of the largest electric cooperative (EC) groups in the country, which criticized PSALM last week for passing the burden of its ballooning debts on interest charges to consumers in the form […]

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Government

NEA REMAINS TRUE TO MANDATE OF BRINGING POWER TO REMOTE AREAS -MASONGSONG

State-run National Electrification Administration (NEA) marked its month-long observance of the 9th National Electrification Awareness Month (NEAM) and the 49th Founding Anniversary of the agency by trumpeting the gains of the government’s rural electrification programs for nearly five decades. In his welcome remarks at the opening ceremony of the NEA-EC Consultative Conference on Monday (August […]

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Government

NEA TO PURSUE RURAL ELECTRIFICATION MANDATE DESPITE BUDGET CONSTRAINTS — MASONGSONG

Budget limitations will not deter the state-run National Electrification Administration (NEA) from its commitment to bring electricity to every household in the far-flung corners of the country. NEA Administrator Edgardo Masongsong reiterated this on Wednesday as he revealed that the agency would be receiving P1.163 billion from the national government to finance electrification projects for […]

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Government

ELECTRIC COOPS URGE CONGRESSIONAL PROBE ON POWER DEBTS, FUND MANAGEMENT

Two of the largest electric cooperative (EC) groups in the country said on Wednesday that the Power Sector Assets and Liabilities Management Corp or PSALM “must be made to explain its ballooning debts” that have a direct bearing on renewed proposals to hike electricity prices. In a hearing before the Senate Energy Committee last Tuesday, […]

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Government

NEA EXTENDS P1.294-B WORTH OF LOANS TO 46 POWER COOPS IN FIRST SEMESTER – MASONGSONG

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 […]

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Government

ELECTRIC COOP LEADERS LAUD HOUSE FUNDING ASSURANCE FOR NEW POWER LAW

Leaders of the two most influential groups in the electric cooperative (EC) sector reiterated the “absolute need and indispensability” of assured government funding for the recently-signed law providing financial support for ECs in times of calamities and disasters. President Rodrigo Duterte signed last June 29 Republic Act 11039 which mandates the creation of an Electric […]

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Government

NEW LAW ON POWER COOP FUNDING A BIG BOOST TO RURAL DEVELOPMENT – COOP LEADERS

Two of the most influential groups in the electric cooperative sector (EC) hailed the signing of a law providing support to electric cooperatives adversely affected by calamities, with both expressing optimism that the new measure will further accelerate rural electrification as well as boost important grassroots initiatives in the countryside. President Rodrigo Duterte signed on […]

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Government

INSTITUTIONAL, FINANCIAL AND TECHNICAL ASSISTANCE FROM NEA IMPROVES EC SECTOR PERFORMANCE – MASONGSONG

State-run National Electrification Administration (NEA) has released the results of the thorough assessment of the overall performance of the 121 electric cooperatives (EC) under its supervision. The 2017 EC Overall Performance Assessment showed an increase in the number of power distribution utilities that are fully compliant with the key performance standards (KPS) of the NEA. […]

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Government

SALES OF ELECTRIC COOPS UP 11% IN FIRST QUARTER COMPARED TO LAST YEAR – MASONGSONG

Electricity sales by the electric cooperatives (ECs) in the first quarter of 2018 have reached 4,924 gigawatt hours (gWh), an increase of 11 percent compared to the same period last year, the National Electrification Administration (NEA) figures show. Data released by the Information Technology and Communication Services Department (ITCSD) of the agency identified the residential […]

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Government

NEA CITED FOR COMPLIANCE TO ‘8888’ HOTLINE SYSTEM COLLABORATION

State-run National Electrification Administration (NEA) has been cited by the Office of the Cabinet Secretary for being compliant with the requirements for collaboration for the implementation and operation of the 8888 Citizens’ Complaint Hotline. Administrator Edgardo Masongsong received the Certificate of Collaboration from Undersecretary Dale Cabrera of the Office of the Cabinet Secretary (OCS)-Strategic Action […]