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NEA extends Php2.43B loans to power coops

The National Electrification Administration (NEA) has extended Php2.434 billion loans to 56 electric cooperatives (ECs) in 2016 to finance their rural electrification projects through its various loan windows, exceeding the agency’s target of Php1.7B. 

This amount includes the Php603 million calamity loans availed of by 15 ECs for the rehabilitation of their distribution lines due to typhoons Lawin, Ferdie, Karen, Yolanda, Lando, and Nona. These ECs include Abreco, Beneco, Kaelco, Batanelco, Cagelco I, Aurelco, Omeco, Romelco, Ormeco, Lubelco, Maselco, Soreco I and II, Norsamelco and Bileco. 

Provision of reliable and efficient electricity service to electricity consumers in the grassroots level is of the priority thrusts of the Administration of President Rodrigo Duterte. Hence, to pursue this end, the Department of Energy (DOE) through the auspices of the NEA, continues to innovate and formulate strategic and more responsive measures that will aggressively address their urgent needs. 

The onslaught of Typhoon Lawin in Northern Luzon in October 2016 strengthened the DOE-NEA-ECs triumvirate when massive efforts for power restoration and rehabilitation works were done in the areas covered by Abreco, Beneco, Aurelco, Cagelco I & II, Kaelco, among others. 

Energy Secretary and NEA Board Chair Alfonso G. Cusi said, “Our priority is to ensure that people in the typhoon-affected areas be served with electricity on schedule. The DOE, in coordination with NEA, has organized and mobilized personnel to rehabilitate distribution lines and fast track power restoration through the Task Force Kapatid (TFK) operations to work double-time, especially in hard-hit areas”. 

Aside from the mobilization of the institutionalized-Task Force Kapatid (TFK), NEA extended calamity loans to the Lawin-devastated ECs amounting to some Php119M in order to accelerate their recovery and subsequently effect immediate electricity service to member-consumer-owners. 

Administrator Edgardo R. Masongsong said, “NEA always pursues the causes of the ECs as well as its member-consumer-owners (MCOs). The Agency is constantly innovating and has been re-aligning its programs with the present administration’s policy directions to better address the needs and protect the welfare and rights of the consumers, much more the poorest of poor.” 

“The NEA officials and employees feel the needs of the rural folks. We are committed to give them fair chances for a more comfortable life through provision of fast and better service. Our fervent prayer is that the National Government continues to recognize the significance of NEA and the Rural Electrification (RE) Program in the upliftment of the socio-economic condition of the people in rural communities,” he added.

Calamity loans are offered by NEA is normally processed within six days with 3.25% interest per annum, and a repayment period of 10 years but not to exceed the remaining franchise life of the EC. ECs which will avail of the loan service are given a grace period of maximum of one year. The amount of loan will depend on the evaluated cost of the rehabilitation and restoration project and subject to the availability of funds.

NEA vows to intensify electrification of rural communities, empowerment of electric coops

The National Electrification Administration (NEA) has crafted plans anew to intensify the Rural Electrification (RE) Program and capacitate its partner electric cooperatives (ECs) following NEA Administrator Edgardo Masongsong’s vow for a more strengthened partnership between the Agency and the ECs. 

In the NEA 2017 Strategic Thinking Conference-Workshop held on December 26-28, 2016 at the NEA Building, Diliman, Quezon City, Administrator Masongsong batted for multi-pronged initiatives that will not only accelerate the energization of unlit areas in the country, but will also make the services of the Agency more responsive to the needs of the ECs and the electricity consumers. 

“Under my leadership, I want the NEA to be more consumer-focused. We will work together with the electric cooperatives in rolling out programs that fully tap the potential  of rural electrification to enhance people’s productivity and make them active partners in building sustainable rural communities,” Administrator Masongsong said. 

The Administrator added, “Definitely, we will have to fast-track the implementation of the Sitio Electrification Program and the Barangay Line Enhancement Program to be able to introduce empowerment programs for our member-owner-consumers. Without electricity in the remote areas, it will be difficult for us to push programs that can complement the productivity skills of our rural folks.”

 Electrification programs 

The Sitio Electrification Program (SEP) and the Barangay Line Enhancement Program (BLEP) are interrelated electrification projects of the NEA started in 2010. 

For 2017, the Agency has committed 2,140 sitios for energization with a total evaluated project cost of Php1.8 billion. This covers 825 programmed sitios in Luzon, 878 in Visayas, and 707 in Mindanao. 

Meanwhile NEA is also targeting to complete a total of 104 BLEP projects nationwide, of which seven are submarine cable installations and six are tapping point upgrading. 48 of the total BLEP projects are programmed for Mindanao, while 42 and 14 are expected to be accomplished in Visayas and Luzon, respectively. 

Funding for these projects is sourced from 2013, 2014, and 2015 BLEP subsidies and the 2013 PAMANA development fund. 

New vision statement 

During the Strategic Thinking Conference-Workshop, the assembly has likewise moved to formulate a new vision statement that will significantly align the direction of the Agency to the salient provisions of EPIRA. 

The new vision statement of the NEA reads: “A dynamic and responsive NEA that is a vanguard of sustainable rural development in partnership with globally-competitive Electric Cooperatives and empowered Electricity Consumers.” 

Administrator Masongsong said “the vision will serve as NEA’s pledge to perform better in exercising its mandate of totally electrifying he countryside and in putting to fore the interest of the member-owner-consumers, which remains a primary concern for President Rodrigo R. Duterte and Secretary Alfonso G Cusi. Their espousal of a pro-people government is a clear proof that changes, indeed, has come.” 

The Administrator added, “I hope that during my tenure as your NEA Administrator, and with the help of the general constituency of the institution, the aggregate of the employees and officers of the ECs, the support of industry stakeholders, and the involvement of electric consumers, members and leaders alike, all over the country, the NEA will be able to achieve meaningful and emphatic changes for rural progress and development that are inclusive and sustained in the generations to come.”



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     Sugod petsa 30 ning buwan Enero 2017, ang atong buhatan sa Sub office, nga kasamtangan nahimutang sa city square, syudad sa Tagbilaran, mabalhin sa bag-ong buhatan sa No. 21 Tabaco St., Tagbilaran City

     Daghang Salamat.



Picture 1 Picture 2 Picture 3

The National Red Cross in cooperation with BOHECO I, Philippine Army and Mater Dei College conducted Blood Letting at BOHECO I Main Office Function Hall on October 15, 2016. This activity is to commemorate the 7.2 magnitude earthquake that hit the western part of Bohol on October 15, 2013. BOHECO I employees, 20 personnel from the Philippine Army stationed in Macaas, Tubigon and some students of Mater Dei college donated blood to the Red Cross. Blood donations are stocked at the Red Cross Blood Bank ready for use to give life to those who need. 

The Red Cross Team led by Dr. Estrella Lim, Mrs. Hermelina Gubalane, and some Red Cross volunteers gave their heartfelt thanks to the blood donors for their willingness to give life to those who need life itself. 



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