Media Releases

Details: Published: 01 March 2023

The Board of Directors of the Cooperative Development Authority (CDA) recognizes the power of supervision and regulation of the National Electrification Administration (NEA) over CDA Registered Electric Cooperatives by virtue of Presidential Decree No. 269 as amended by Republic Act No. 10531 (RA 10531) also known as the National Electrification Administration Reform Act of 2013.

"The CDA's recognition to the NEA is anchored both in law and jurisprudence. Section 18¹ of RA 10531 expressly repealed Article 132(3) of Republic Act No. 9520 or the Philippine Cooperative Code of 2008 which states that NEA has no longer regulatory and supervisory powers over CDA registered cooperatives. Such express repeal means that such power of the NEA is reinstated," the agency said in its memorandum dated 22 February 2023.

Details: Published: 28 February 2023

In accordance with R.A. 11039 or the Electric Cooperatives Emergency and Resiliency Fund (ECERF) Act of 2018 and its Implementing Rules and Regulations (IRR), all electric cooperatives (ECs) are mandated to submit and update their respective Vulnerability and Risk Assessment (VRA), Emergency Response Plan (ERP), Mitigation Plan (MP), and Resiliency Compliance Plan (RCP) to the National Electrification Administration (NEA) annually.

Updated 2023 VRA, MP and ERP are to be submitted to NEA’s Disaster Risk Reduction and Management Department (DRRMD) not later than end of March 2023. Likewise, all ECs are required to submit the accomplished or the implementation status of the 2022 Mitigation Projects enumerated/identified by the respective ECs on their 2022 VRA and MP submissions.

Details: Published: 18 February 2023

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.

Details: Published: 24 February 2023

The National Electrification Administration (NEA) wrote a formal request to the Department of Justice (DOJ) to conduct a thorough and in-depth investigation into possible criminal acts and/or other irregularities that may have attended the transactions undertaken by the former Members of the Board of Directors and Management officials of the Benguet Electric Cooperative (BENECO).

In its letter to Justice Secretary Jesus Crispin Remulla dated 21 February 2023, the agency apprised the DOJ about the result of the motu proprio investigations it conducted due to the adverse findings/observations on the financial and management audit conducted on BENECO.

Details: Published: 18 February 2023

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.