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The National Electrification Administration (NEA) collected P773.91 million in loan amortization payments from the electric cooperatives (ECs) in the first six months of 2020. This translates to 95.90-percent collection efficiency, the NEA Finance Services Department said in a report submitted to Administrator Edgardo Masongsong. NEA offers various loan windows to qualified ECs, such as regular, […]
Electric cooperatives (ECs) registered a slight increase in energy sales of 3 percent during the first three months of 2020, latest data of the National Electrification Administration (NEA) showed. Data from the NEA Informational Technology and Communication Services Department (ITCSD) revealed that for the first quarter, total energy sales of the ECs increased to 5,338 […]
The National Electrification Administration (NEA) and the electric cooperatives (ECs) managed to reach 209,700 new consumer connections in the first half of 2020, down 15-percent compared to the same period last year as a result of the coronavirus disease (COVID-19) crisis. Based on the figures submitted to the NEA Information Technology and Communication Services Department […]
The National Electrification Administration (NEA) on Monday joined the rural electrification sector in paying tribute to all line workers of electric cooperatives (ECs) across the country during an online Linemen Appreciation Day event. In his message, NEA Administrator Edgardo Masongsong acknowledged the “hard work, dedication, and sacrifices” of line workers as essential personnel of power […]
The National Electrification Administration (NEA) urged the electric cooperatives (ECs) to support the “Kadiwa Ni Ani at Kita” marketing program designed to help farmers and fishers amid the coronavirus disease 2019 (COVID-19) pandemic in the country. NEA Administrator Edgardo Masongsong issued a memorandum enjoining the 121 ECs to extend the necessary assistance to the Department […]
The Philippine Rural Electric Cooperatives Association, Inc. (PHILRECA) reiterated its request to the Energy Regulatory Commission (ERC) to release complete information on consumer complaints lodged against some electric cooperatives (ECs). PHILRECA Executive Director and General Manager Janeene Depay-Colingan pointed out that full disclosure is necessary for properly addressing consumer complaints. So far, the only information […]
The National Electrification Administration (NEA) has extended the payment deadline for amortization of loans extended to electric cooperatives (ECs) that are due for the second quarter of 2020. NEA Administrator Edgardo Masongsong issued Memorandum No. 2020-033, extending the deadline for ECs to settle their loan amortization from June 30 to July 30, 2020. The relief […]
The Philippine Rural Electric Cooperatives Association, Inc. (PHILRECA) said electric cooperatives (ECs) have shown strength and resilience in the face of the ongoing public health crisis caused by the coronavirus disease (COVID-19) pandemic. In a statement, PHILRECA president and party-list Rep. Presley De Jesus said since the declaration of a state of public health emergency, […]
As the coronavirus disease (COVID-19) pandemic continues to affect the energy sector in the country, the Philippine Rural Electric Cooperatives Association, Inc. (PHILRECA) has assured that electric cooperatives (ECs) will continue to provide consumers with affordable power rates as compared to other distribution utilities. “Electric cooperatives are the government’s staunchest and most ideal partner in […]
The National Electrification Administration (NEA) has directed the electric cooperatives (ECs) to ensure reliable and sufficient electricity to households in rural communities as the education sector shifts to a “new normal.” NEA Administrator Edgardo Masongsong issued the statement as the Department of Education (DepEd) prepares to implement a blended learning approach for students in the […]