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Government

RATE HIKE POSSIBLE BUT NO POWER CUTS DURING BORACAY CLOSURE – AKELCO

The Aklan Electric Cooperative, Inc. (AKELCO) allayed the fears of Boracay Island residents amid speculation that its power distribution service will be scaled down once the world-famous tourist destination undergoes a six-month rehabilitation. Engr. Alexis Regalado, general manager of AKELCO, assured all their member-consumer-owners (MCOs) that their operations would continue unhindered notwithstanding their considerable revenue […]

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Government

EFFECT OF COAL TAX HIKE ON EC POWER RATES ‘MINIMAL’ – MASONGSONG

Electricity consumers in the provinces who are subscribed to different electric cooperatives (ECs) need not worry about the increased excise tax imposed on coal as its impact on their power rates will be “minimal,” the National Electrification Administration (NEA) said. Administrator Edgardo Masongsong said EC consumers may expect price adjustments in their power bills by […]

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Government

Rural Electrification Must Continue to Spur Growth – MASONGSONG

  State-run National Electrification Administration (NEA) will continue to push for the sustainable development of the nation’s rural communities by providing electricity services to every Filipino household. NEA Administrator Edgardo Masongsong issued this statement during the 36th Annual General Membership Assembly (AGMA) of the South Cotabato II Electric Cooperative, Inc. (SOCOTECO II) at the City […]

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Government

Energy Distribution Firms Upbeat on Growth – MASONGSONG

  High-performing non-profit energy distribution firms like the Isabela I Electric Cooperative, Inc. (ISELCO-I) are confident they will sustain their economic vitality despite the increasing challenges facing the rural electrification sector. ISELCO-I executives attributed this sanguine outlook to the support they are getting from the National Electrification Administration (NEA), especially given the pro-consumer policies endorsed […]

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Government

NEA to Issue Show Cause Orders over Poor Service – MASONGSONG

  The National Electrification Administration (NEA) announced that it will issue show cause orders against the Palawan Electric Cooperative, Inc. (PALECO) and Oriental Mindoro Electric Cooperative, Inc. (ORMECO) for their failure to provide quality service despite repeated complaints from member-consumers. “We need to ensure that ECs are responsive and always on the lookout for the […]

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Government

Electricity Assured for Marawi Victims Moving to ‘Tent City’ – MASONGSONG

  Internally displaced families whom the government plans to relocate in temporary shelters as soon as crisis subsides in Marawi City may expect immediate electricity service, the National Electrification Administration (NEA) announced. NEA Administrator Edgardo Masongsong said electrification workers from the Task Force Duterte Lanao Sur Power already set up a 1.8-kilometer electricity line in […]

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Government

NEA Declared as Compliant With Government Transparency Standards – MASONGSONG

  After clarifying some issues pertaining to its 2015 financial statement, the Commission on Audit (COA) once again declared the National Electrification Administration (NEA) as compliant with government transparency standards. The NEA was rendered an unqualified opinion for calendar years 2015 and 2016 based on the latest COA Independent Auditor’s Report (IAR). This enabled the […]

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Government

NEA Approves P6-Million Calamity Loan of Marawi Coop – MASONGSONG

  As the Marawi crisis lingers on in Lanao del Sur, the National Electrification Administration (NEA) has approved the P6-million calamity loan of Task Force Duterte (TFD) Lanao Sur Power for its operational expenditures. NEA Deputy Administrator and concurrent TFD Lanao Sur Power chair lawyer Goldelio Rivera announced when the agency conducted its second round […]

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Government

NEA, ADB Bolster Renewable Energy Initiatives – MASONGSONG

  The Asian Development Bank (ADB) is keen on collaborating with the National Electrification Administration (NEA) and the electric cooperatives (ECs) under its charge to develop additional micro grid facilities and distributed energy resources (DER) in the country. NEA Head Executive Assistant lawyer Vicar Loureen Lofranco issued this statement following a three-day workshop on the […]

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Government

Comprehensive Emergency Fund for Power Coops – MASONGSONG

  National Electrification Administration (NEA) Edgardo Masongsong has expressed his desire to establish a “comprehensive” emergency fund for electric cooperatives and its member-consumers to assist them in their disaster relief, recovery, rehabilitation and reconstruction efforts. Masongsong visited Iligan City, Lanao del Norte, to lead the turnover of relief goods and financial assistance to the employees […]