October 9, 2020

NEA loans to electric coops reach P364.5 M

By Myrna M. Velasco – October 9, 2020, 5:00 AM from Manila Bulletin The loans extended by the National Electrification Administration (NEA) to the country’s electric cooperatives (ECs) reached P364.5 million as of end-September, and that already topped the scale […]
September 24, 2020

Loan payments from electric coops declined in H1—NEA

By Lenie Lectura – September 24, 2020 from Business Mirror The country’s electric cooperatives (ECs) posted a total of P773.91 million in loan payments for the first six months of the year, the National Electrification Administration (NEA) said on Wednesday. […]
September 9, 2020

DoE says force majeure invocation on power deals up to contracting parties

By Adam J. Ang – September 6, 2020 | 6:44 pm from Business World PHILSTAR THE parties to a power contracts have the final say in relaxing the terms of their deals and invoking force majeure, the Department of Energy […]
September 8, 2020

ERC warns DUs on blocking “customer switching” to market

By Myrna M. Velasco – September 7, 2020, 10:00 PM from Manila Bulletin The Energy Regulatory Commission (ERC) is warning private distribution utilities (DUs) and electric cooperatives (ECs) of prospective sanctions or penalties if they will block customers on their […]