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Government

NEA TO CO-OPS: PREPARE MEASURES FOR TD ‘AURING’

The National Electrification Administration (NEA) has directed all electric cooperatives (ECs) to prepare for the possible effects of a tropical depression on their power distribution lines. In its advisory on Wednesday (February 17), the NEA Disaster Risk Reduction and Management Department (DRRMD) instructed the 121 ECs to ensure appropriate contingency measures are in place to […]

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Government

POWER BACK IN 2 PROVINCES HIT BY ‘PEPITO’ — NEA

Power distribution services in the respective areas of the electric cooperatives (ECs) in Zambales and Pampanga that were affected by the onslaught of Typhoon “Pepito” are now back to normal, the National Electrification Administration (NEA) said. Based on the monitoring report of the NEA Disaster Risk Reduction and Management Department (DRRMD) as of Thursday, October […]

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Government

P238-M LOANS EXTENDED TO POWER COOPS IN 5 MONTHS – NEA

The National Electrification Administration (NEA) released P238-million worth of loans, including calamity loans, to various electric cooperatives (ECs) in the first five months of 2020. Data from the NEA Accounts Management and Guarantee Department (AMGD) as of May 31, 2020 showed that P238.606-million was borrowed by 16 ECs across the country. The calamity loan extended […]

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Government

ELECTRIC COOPS MAY GET SHORT-TERM LOANS FROM OTHER SOURCES DURING COVID-19 STATE OF CALAMITY — NEA

The National Electrification Administration (NEA) gave the electric cooperatives (ECs) clearance to secure short-term loans from other financial institutions to mitigate the economic effects of the coronavirus disease 2019 (COVID-19) on their commercial operations.  NEA Administrator Edgardo Masongsong recently issued Memorandum No. 2020-015, allowing the 121 ECs to avail of short-term loans from banks and […]

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Government

LACK OF FUNDING HINDERS ECERF LAW IMPLEMENTATION – NEA

The National Electrification Administration (NEA) said lack of funding is hindering the full implementation of Republic Act No. 11039, also known as Electric Cooperatives Emergency and Resiliency Fund (ECERF) Act aimed to assist the electric cooperatives (ECs) that have incurred damages from calamities, such as Typhoon Tisoy. NEA Administrator Edgardo Masongsong explained that the initial […]

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Government

NEA BACKS BICOL ELECTRIC COOPS AMID PRIVATE FIRM TAKEOVER

The National Electrification Administration (NEA) is standing by the electric cooperatives (ECs) in Bicol amid concerns over the approval of a proposed measure granting the franchise application of a private corporation to operate a power distribution utility in Camarines Sur. NEA Administrator Edgardo Masongsong conveyed this message on Wednesday during a consultative forum organized by […]

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Government

POWER COOPS SALES INCREASE 7 PERCENT IN 2018 – NEA

Electric cooperatives (ECs) across the country have reported an increase of 7 percent energy sales in 2018. The National Electrification Administration (NEA) said electricity sales of ECs reached 21,421,471 megawatt hours (MWh) last year, compared with 19,950,097 MWh in 2017. According to the NEA Information Technology and Communication Services Department (ITCSD), this was due to […]

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Politics

DICT-NEA AGREEMENT ON ‘GRASSROOTS’ BROADBAND INTERNET ACCESS TO BOOST COUNTRYSIDE DEVELOPMENT — PIMENTEL

Senator Koko Pimentel III praised a newly-signed Memorandum of Understanding (MOU) on broadband Internet access between the Department of Information and Communications Technology (DICT), the National Electrification Administration (NEA) and one of the largest electric coop groups in the country as “a milestone that will boost modernization and development in the countryside.” DICT, NEA and […]