IKOT.PH
Widespread availability of high-speed and affordable broadband access to the internet in remote and rural areas of the country will soon be a reality through the electric cooperatives (ECs). The Department of Information and Communications Technology (DICT) has officially tapped the ECs under the supervision of the National Electrification Administration (NEA) for the “last mile” […]
With budget deliberations in the House of Representatives (HOR) on hold because of clashing views on the cash-based budgeting system being pushed by the Department of Budget and Management (DBM), electric cooperative groups on Thursday called on legislators to close ranks behind House Appropriations Committee Chair Karlo “Ang Probinsyano” Nograles. According to the electric cooperative […]
“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 […]
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, […]
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 […]
Senator Win Gatchalian lauded the signing into law of a measure which strengthens resiliency among electric cooperatives by institutionalizing government support and financial assistance during disasters. President Rodrigo Duterte signed into law Republic Act 11039, otherwise known as the Electric Cooperatives Emergency and Resiliency Fund Act. The law provides that government shall allot funding under […]