The General Managers of the Association of Isolated Electric Cooperatives (AIEC) headed by its President Engr. Rene Fajilagutan, concurrent General Manager of ROMELCO, held this afternoon a Courtesy Visit and Dialouge with ERC Chairperson Atty. Monaliza Dimalanta at the ERC Boardroom in Ortigas Pasig to apprize the hardworking ERC Chair with various concerns affecting the […]

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Present at the meeting were APEC Party-list Rep. and NAGMEC CARAGA President Sergio Dagooc, PHILRECA President Joselito Yap, NAGMEC President Allan Laniba, Philippine Association of Board of Directors of Rural Electric Cooperatives (PHABDREC) President Al Castillon, Central Luzon Electric Cooperatives Association (CLECA) President Reynaldo Villanueva, Association of Visayas Electric Cooperatives (AVEC) President Virgillo Fortich Jr., […]

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PhP1.2 Billion worth of loans were extended by the National Electrification Administration (NEA) to thirty-five (35) electric cooperatives last year, according to the agency’s Accounts Management and Guarantee Department (AMGD). Of the said amount, PhP561.10 Million was used for the Capital Expenditure projects of La Union Electric Cooperative, Inc. (LUELCO), Tarlac I Electric Cooperative, Inc. […]

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In a memorandum dated 14 February 2023, the National Electrification Administration (NEA) reminded the electric cooperatives (ECs) to submit their reportorial requirements for the EC Overall Performance Assessment. Pursuant to the mandate under Republic Act No. 9136 and Republic Act No. 10531, the assessment of the overall performance of electric cooperatives shall commence on 28 February […]

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In NEA Memorandum No. 2023-09, all electric cooperatives (ECs) are reminded to adhere to ERC Resolution No. 26, Series of 2009 entitled, “Resolution Amending the Rules for Approval of Regulated Entities’ Capital Expenditure Projects” to ensure the timely, appropriate, necessary, and cost-efficient CAPEX Projects. The said ERC resolution includes the “Electric Cooperative Distribution Utility Planning Manual.” […]

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