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  • NEA Building
  • 2014 ceremonial switch on at PICC
  • aesb forum
  • P-Noy commends NEA
  • P- Noy electrifies more sitios in Eastern Visayas
  • PRES. PNOY AT THE 33RD ANNIVERSARY OF PHILRECA, SITIO ELECTRIFICATION PROGRAM CEREMONIAL SWITCH-ON
  • CEREMONIAL SWITCH-ON, LINAO, CAWAYAN MINI-HYDRO PLANT, ORMECO, CALAPAN CITY
  • GAWAD CES AWARDEE , DEP. ADM. MARIANO T. CUENCO
  • Lumens Awards
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Electric Coops upbeat in power restoration of “Ruby”-affected areas

Media Release

11 December 2014

Four days after super-typhoon Ruby left the country, electric cooperatives have restored electric power in most of the affected areas.

 

In the typhoon-affected coverage areas of the ECs, power has been restored to 87% of the municipalities and 85% of the barangays. Of the affected 4.5 million households, 387,415 households or 8% remain without electricity.


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NEA Reduces Lending Rates

Media Release

12 November 2014

The NEA Board of Administrators unanimously approved another cut in NEA’s lending rate effective September 23, 2014 on term loan approvals as (a) 6.5% interest rate per annum for repayment period of 3-15 years; and (b) 6% interest rate per annum for repayment period of two years.

 

Administrator Edita S. Bueno said, “As a policy, NEA periodically reviews its lending rates to determine if revision is warranted. NEA saw the need to study and review its current lending rate to provide an updated loan pricing that is fair, reasonable and competitive with other financing institutions.”


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Petilla: “Yolanda” was NEA’s finest hour

Media Release

07 August 2014

Energy Secretary Carlos Jericho L. Petilla said “Yolanda” was the National Electrification Administration’s (NEA) “finest hour,” after he saw prompt assistance given to typhoon-hit electric cooperatives (ECs) through mobilization of the agency-initiated Task Force Kapatid (TFK).

 

Secretary Petilla was the guest of honor and keynote speaker at the 21st NEA-ECs Consultative Conference held at the Philippine International Convention Center (PICC) on August 6, 2014. The gathering coincided with the 45th Foundation Anniversary celebration of NEA.


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