April 19, 2024

NEA extends loans to electric coops worth P263.78m

By Manila Standard Business – April 18, 2024, 7:50 pm State-run National Electrification Administration (NEA) said it granted P263.78 million worth of loans to 12 electric cooperatives (ECs) as of March 31, 2024. Bulk or around P178.45 million was used […]
September 11, 2023

NEA lends P846.7m to electric cooperatives

By Alena Mae S. Flores – September 10, 2023, 6:55 pm from manilastandard.net State-run National Electrification Administration (NEA) said over the weekend it extended P846.71 million worth of loans to 22 electric cooperatives as of end-August 2023. Data from NEA’s […]
September 29, 2021

ERC orders 2 electric coops to stop collecting ‘reinvestment fund’ charges

By Myrna M. Velasco – September 28, 2021, 5:22 PM from Manila Bulletin The Energy Regulatory Commission (ERC) has ordered two electric cooperatives (ECs) to stop passing on to their customers the charges on “reinvestment fund for sustainable capital expenditures” […]
September 28, 2021

Electric coops told to stop RFSC collection

BY LENIE LECTURA – SEPTEMBER 27, 2021 from Business Mirror Two electric cooperatives (ECs) were ordered by the Energy Regulatory Commission (ERC) to immediately stop collecting additional Reinvestment Fund for Sustainable Capital Expenditures (RFSC) from their consumers. The RFSC is […]