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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." It serves as a guide for the ECs' expansion and improvement of distribution facilities through the acquisition of assets necessary to respond to the needs of consumers and meet the safety, performance standards and regulatory requirements as well as their respective structural and/or institutional planning and development.

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 2023, which is the last day for the submission of the requirements.

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).