IRIGA CITY, Camarines Sur—The National Electrification Administration (NEA) commended the Task Force Duterte for its efforts to improve the operational performance of the Camarines Sur III Electric Cooperative, Inc. (Casureco III) that resulted in an increase in collection efficiency and reduction in system loss.
During his visit to Casureco III on Saturday (June 10), NEA Administrator Edgardo R. Masongsong has nothing but good words for Task Force Duterte Rinconada Power, which has made strides towards improving the management and operations of Casureco III since it took over the cooperative last February.
These accomplishments include improved system loss (14.66 percent as of May), increased collection efficiency (92 percent), and reduced debt (from P1.2 billion to P900 million). The coop was also able to hold an Annual General Membership Assembly (AGMA), the first time after 30 years.
"This is a good indicator that after four months of operation and management by the Task Force Duterte Rinconada Power, nagkaroon ng ganitong activity. It's a very welcome activity," Masongsong said.
While Task Force Duterte has made significant progress during the past four months, the NEA chief said more work still needs to be done. "Marami pang dapat gawin, lalo na ito ngayon kailangan ma-involve ang electric consumers," he said.
Task Force Duterte presented its accomplishments to thousands of member-consumers who attended Casureco III's AGMA, which was held at the University of Saint Anthony in San Miguel, Iriga City.
This year's AGMA carried the theme "Pagbabago Pasiring sa Pag-asenso."
NEA created Task Force Duterte Rinconada Power in a move to improve the management and operations of Casureco III. The agency aims to re-engineer Casureco III into an excellently performing electric cooperative.
Rinconada is the fifth district of Camarines Sur composed of Iriga City and the towns of Baao, Balatan, Bato, Bula, Buhi, Nabua. ###