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    Energizing the countryside, Electrifying the future. . .
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    10 Millionth Consumer Connection Switch-on Ceremony at PICC
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    AESB speaks in 4th Asia Pacific Housing Forum
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    SEP beneficiaries give testimonies on the benefits of electricity during the 2015 NEA-EC Milestones and Recognition Ceremonies.
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    NEA Administrator Edita Bueno (from right), Palo Mayor Remedios Petilla, Leyte Board Member Bob Abellanosa, and JICA Chief Representative Noriaki Niwa lead the ribbon-cutting ceremony for the turn-over of 14 units of boom truck to four electric cooperatives.
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    NEA seals power supply agreement between the Occidental Mindoro Electric Cooperative, Inc. (OMECO) and generators Mindoro Geothermal Power Corporation (MGPC) and Occidental Mindoro Consolidated Power Corporation (OMCPC).
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    NEA receives the ‘Islands of Good Governance’ certification for successfully showcasing breakthrough results in public service.
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    NEA bags Most Outstanding Accounting Office award for the second consecutive year.

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NEA lends Php1.403 billion loans to power coops

Media Release

22 September 2016

The National Electrification Administration (NEA) has lent a total of Php1.403 billion loans to 43 electric cooperatives (ECs) from January to August 2016 to finance, among others, their capital expenditure projects and immediately rehabilitate their power distribution systems.

 

Of the said amount, Php399 million loan borrowed by nine (9) ECs primarily due to Typhoons Lando and Nona. Calamity loan has a term of 10 years of repayment period and one year grace period with interest rate of 3.25% per annum.


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NEA upbeat on Presidential veto of HB No. 6080

Media Release

29 July 2016

The National Electrification Administration (NEA) is upbeat over the decision of President Rodrigo R. Duterte to veto HB No. 6080 or An Act Modifying the Qualifications for and Creating a Screening Committee in the Election or Appointment of the Directors and Officers of Electric Cooperatives, Amending for the Purpose Sections 26-A and 26-B of Presidential Decree No. 269, as amended by Republic Act No. 10531 otherwise known as the National Electrification Administration Reform Act of 2013.

 

The proposed amendment likewise seeks to reconstitute the current membership of a Screening Committee that shall review and evaluate the official records and conduct final screening of the qualification requirements of EC district election candidates.


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Electric coops reduce system loss

Media Release

15 July 2016

The Electric Cooperatives (ECs) being supervised by the National Electrification Administration (NEA) posted an average record low of 11.12% in 2015, a reduction of 0.55% from the 11.67% in 2014 and 1.88% lower than the 13% cap set by the Energy Regulatory Commission (ERC). The reduction in system loss has an equivalent savings of 71,258,654.01 kWh or about Php488 million for ECs’ member-consumers.

 

NEA Officer-In-Charge Sonia B. San Diego said, “Strategic interventions are being carried out to reduce system loss of the electric cooperatives for them to be operationally efficient and be of better service to their member-consumers. Lower system loss could also mean lower cost of electricity rates.”


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