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The National Electrification Administration (NEA), the Maharlika Investment Corporation (MIC), and Palawan Electric Cooperative (PALECO) reinforced their partnership to improve Palawan’s Electrical Infrastructure, welcoming the cooperation of the Palawan LGU. NEA Administrator Antonio Mariano Almeda signed a new memorandum of agreement (MOA) with Palawan Governor Amy Roa Alvarez, MIC President and CEO Rafael Jose Consing, […]
Super Typhoon ‘Uwan’ impacted nearly 3 million households on Sunday as the destructive cyclone submerged communities and downed power lines across the Bicol region and the provinces of Aurora, Nueva Ecija, Nueva Vizcaya, Quirino, Northern Samar and Samar. Citing initial reports as of 8:00 p.m., the National Electrification Administration (NEA) through its Disaster Risk Reduction and Management Department […]
The rural electrification sector felt the impact of Typhoon Tino (Kalmaegi) with eight electric cooperatives (ECs), all based in Visayas, declaring a state of total power interruption on Tuesday morning, November 4, the National Electrification Administration (NEA) has reported. Electricity services were cut in BANELCO (Bantayan Island), BILECO (Biliran), CEBECO 2 and 3 (Cebu), CELCO […]
The National Electrification Administration (NEA) rallied behind electric cooperatives (ECs) last Friday, encouraging them to serve as primary sources of solutions to recurring energy-related problems in their respective communities, thereby transforming themselves as “catalysts of progress.” NEA Administrator Antonio Mariano Almeda delivered this unity call at the Annual General Membership Meeting (AGMM) of the Philippine Rural Electric Cooperatives Association, […]
The National Electrification Administration (NEA) has laid down the specific financial and operational parameters that electric cooperatives (ECs) must comply with in order to avail exemptions from local taxes, fees and charges in their respective local government units (LGUs). In its Memorandum No. 2025-02 dated 09 January 2025, the state-owned corporation established guidelines that would […]
The National Electrification Administration (NEA) welcomed the Joint Memorandum Circular (JMC) of the Department of Energy (DOE) and Department of Finance (DOF) providing the guidelines for the availment of certain local tax exemptions by Electric Cooperatives (ECs). “The availment of these preferential rights will help the ECs allocate monetary resources to better pursue our common […]
The National Electrification Administration (NEA) has reported that the initial estimated cost of damage to electric cooperative (EC) facilities attributed to the four major storms that hit the Philippines this month reached a combined total of P40,675,916.70. The latest figure covers the trails of destruction left on the rural electrification sector by Typhoons ‘Marce’ (Yinxing), […]
The National Electrification Administration (NEA) and Philippine Rural Electric Cooperatives Association, Inc. (Philreca) activated Task Force Kapatid (TFK) over the weekend to aid in the rehabilitation efforts of calamity-hit Batanes Electric Cooperative, Inc. (BATANELCO). At least 17 linemen and two engineers from the NEA Disaster Risk Reduction and Management Department (DRRMD) were deployed Saturday morning, […]
A total of 27 electric cooperatives (ECs) applied for state-funded loans to finance their capital expenditures (CapEx), among other projects, by end of August 2024, the National Electrification Administration (NEA) has reported. Latest data from the NEA Accounts Management and Guarantee Department (AMGD) showed that 22 ECs borrowed at least P780-million for their CapEx projects. […]
Isabela 6th District Rep. Inno Dy on Tuesday called on National Electrification Administration chief Antonio Almeda to put a stop to the mismanagement of electric cooperatives committed by unscrupulous officials. “Panahon na para tuldukan natin ang mga pang-aabuso ng ibang mga opisyales ng mga electric cooperatives natin. Panahon na para baguhin ang kanilang mga polisiya […]