The National Electrification Administration (NEA) has urged the country’s electric cooperatives (ECs) to adhere to the amended rules set forth by the Energy Regulatory Commission (ERC) on the approval of capital expenditures (capex) before key projects are implemented in their respective service...
As the Philippine economy steps up on its recovery journey from the scourge of the coronavirus pandemic, the National Electrification Administration (NEA) has extended credit facilities to electric cooperatives (ECs) that would the P1.2 billion-level approved last year. According to the...
The National Electrification Administration (NEA) has pushed for the creation of task forces that will address the "metering problems" of electric cooperatives (ECs) in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM). The government-run electrification agency announced that Task Force...
The chief executive officer of a tech firm has projected a bullish growth for the Information Technology (IT) after the Covid-19 pandemic comes to an end. VST ECS Phils. President and CEO Jimmy Go speaks at the 2022 CXO Innovation Summit in Boracay Island. (VST ECS) “We are expecting the IT...
The Energy Regulatory Commission (ERC) has kicked off review of prevailing power supply agreements (PSAs) between generation companies and the distribution utilities (DUs), primarily the electric cooperatives (ECs), on efforts to bring down electricity rates in the country. The scrutiny on the PSAs...
With incessantly rising fuel prices in the world market, the country’s electric cooperatives (ECs) had been ordered to implement cost cutting measures in their operations so as not to create additional burden to consumers. The National Electrification Administration (NEA) told the ECs to “to...
The Philippine Rural Electric Cooperatives Association Inc. (PHILRECA) has reaffirmed its position that the National Electrification Administration (NEA) does not have vested authority to appoint or set the terms for the selection of general managers (GMs) for the electric cooperatives. Based on a...
The National Electrification Administration (NEA) has reinforced its collaboration with the electric cooperatives (ECs) and their member-consumer-owners (MCOs) so their "combined power" could foil attempts of corporate giants to unduly takeover the operations of power utilities in the provinces or...
A total of 582,083 new customers have been connected to electricity supply last year, bringing total service connections to 14,835,390 households as of 2021, according to the National Electrification Administration (NEA). By end-December last year, the electrification agency said the total service...
Sometimes it takes a crisis to truly appreciate the value of a man who lives by the very definition of a leader. Indeed, Jimmy Go, President, and CEO of VST-ECS, Phil. Inc., rose above the crisis amidst uncertainty and doubt. For Jimmy, the crisis became moments of hope - hopeful that with...
The National Electrification Administration (NEA) has been flagged for violating its own Charter by issuing policies that allegedly overstepped the powers of the electric cooperatives (ECs) on the appointment of their own general managers (GMs). Senate Committee on Energy Chairman Sherwin T....
Power utilities servicing the Luzon grid still have 2,269 megawatts in available untapped or uncontracted capacities enough to supply power to distribution utilities (DUs) and electric cooperatives (ECs) and ensure customers have electricity even in instances of sudden surge in demand. According to...
