1. Skip to Menu
  2. Skip to Content
  3. Skip to Footer>


wannajizz.comdudullu araç muayene randevu

Accelerating the Deployment of Renewable Energy in Rural Electrification

Media Release

14 July 2015

To make available electric service in isolated and far flung communities as soon as possible in order to improve the quality of life of the people, expand their access to basic services and jumpstart infrastructure for rural development, NEA realizes the need to accelerate the deployment of renewable energy in Rural Electrification.

 

The poorest households and areas in the country are mostly found in unenergized sitios particularly in Mindanao where poverty incidence is highest. Based on studies, some of these remote sitios can be serviced most economically through renewable energy technologies such as micro-hydro, solar photovoltaic and hybrid power system. NEA and the ADB recognize that renewable energy development in these areas is the best feasible and responsive way to address the current technical constraints in electrifying these communities now.


Read more...

NEA is Audit Compliant Eight Years in a Row

Media Release

08 July 2015

For the eighth consecutive year, the National Electrification Administration (NEA) remains to be COA Audit compliant.

 

The state-run agency, mandated to implement the total electrification of the country, was rendered an unqualified audit opinion for Calendar Year 2014 by the Commission on Audit. Since 2007, NEA has been given an unqualified opinion by the State Auditor after reviewing its financial statements which comprise the balance sheet as of December 2014 and income statement, statement of changes in equity and cash flow statement for the year ended.


Read more...

NEA remits Php203M to national government

Media Release

28 April 2015

The National Electrification Administration (NEA) has remitted a total of Php203.98 million to the national government as dividends due from NEA’s net earnings for 2014.

 

The Php203.98M which was turned-over to the Bureau of Treasury (BTr) on April 16, 2015 is the biggest in NEA’s history. The amount is 38% higher than last year’s payment of Php148M. Under Section 3 of Republic Act No. 7656, otherwise known as the Dividend Law, GOCCs are required to declare and remit at least 50% of their annual net earnings as dividends to the national government. The initial report for 2014 shows a net income before income tax for NEA of Php587 million.


Read more...

House commends NEA-ECs Task Force Kapatid volunteers

Media Release

23 March 2015

Speaker Feliciano Belmonte, Jr. and members of the 16th Congress has passed Resolution No. 157 commending the Task Force Kapatid volunteers of the National Electrification Administration (NEA) and the electric cooperatives.

 

The Speaker heralded the thousands of volunteers “for their heroism, selflessness and sacrifice beyond the call of duty for working under adverse and harsh conditions to repair and rehabilitate power lines and stations thereby immediately restoring power in disaster-ravaged areas” in a simple ceremony at the Andaya Hall of the House of Representatives on March 17, 2015.


Read more...

NEA lends Php2.5B to power coops

Media Release

11 March 2015

The National Electrification Administration (NEA) has extended loans amounting to Php2.534 billion to 67 electric cooperatives through its various loan windows in 2014 primarily to finance the rehabilitation and upgrading of their distribution lines and sustain their operational efficiency.

 

Of the said amount, Php829 million loan borrowed by the ECs due to Typhoons Yolanda, Santi, and Glenda were later converted to subsidies.


Read more...

Sitio Electrification Target on Track

Media Release

25 February 2015

The National Electrification Administration (NEA) and its partner-electric cooperatives nationwide are on-track in their commitment to energize 32,441 sitios during the term of President Benigno S. Aquino. The Sitio Electrification Program (SEP) is part of the Aquino Administration’s social contract with the Filipino people.

 

As of 30 January 2015, of the 32,441 targeted sitios, 21,543 have already been energized. The energization of these sitios has brought electricity to an initial household connections of about 646,290 households benefitting some 3.23 million Filipinos..


Read more...

NEA, Veterans Bank renew ties

Media Release

17 February 2015

The National Electrification Administration (NEA) and Philippine Veterans Bank have renewed their ties with the signing of a Memorandum of Agreement on payroll facility and ATM Off-Site services on February 16, 2015 at the NEA Building in Quezon City.

 

Administrator Edita S. Bueno said, “We are glad to be a client once again of the Philippine Veterans Bank which is now under the stewardship of Former Secretary Roberto de Ocampo. With him at the helm of PVB, I am confident that NEA’s interest is in good hands”.


Read more...

NEA gets ISO certification

Media Release

11 February 2015

The National Electrification Administration (NEA) received its ISO 9001:2008 certification from the TUV Rheinland Cert GmbH on February 10, 2015 after completing two stages of certification audit.

 

The state-run agency has effected a Quality Management System (QMS) to further improve service delivery to the electric cooperatives and other stakeholders through the implementation of the latest applicable ISO version. The Certification is valid until 09 February 2018.


Read more...

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.


Read more...

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.”


Read more...