GLOBALIZATION is heralding changes in the electric industry and the Nueva Vizcaya Electric Cooperative (Nuvelco) embarks on this new century movement to cope up with competition and demand for better service.
The Energy Regulatory Commission (ERC) lauded the Nueva Vizcaya Electric Cooperative and a number of Electric Cooperatives (ECs) that do not collect Bill Deposits from its customers.
As a result of the recent audit and evaluation conducted by the ERC, it found out that Nuvelco is among those electric cooperatives not collecting bill deposits as compared with Meralco and other neighboring distribution utilities. Based from records, ERC found that the distribution utilities, both private utilities and ECs, have collected an aggregate amount of approximately PhP26.280 Billion as of 23 January 2019 as Bill Deposits.
The Nueva Vizcaya Electric Cooperative (Nuvelco) proved its continued mission of providing a reliable and efficient electric service in the province of Nueva Vizcaya as it recently commissioned and energized its newly built 10 MVA substation and 69 kV subtransmission line.
These improvements in the distribution system of Nuvelco aims to address power interruptions, low voltage and system loss. It is expected that with the energization of said facilities, households in the far-flung areas would expect a stable 210 to 220 volts.
Summary of the post is as follows:
We cannot help but notice the continuing tug of war between Department of Energy Secretary Alfonso G.Cusi and the leaders of the Philippine Electric Cooperative Association or Philreca over the chronic non-performance of many electric coops and what should be the long term solution.
Philreca’s membership and officials apparently got riled by a letter written by Secretary Cusi last January 9 to House Speaker Gloria Macapagal Arroyo endorsing the cancellation of the distribution utility franchises of 17 seriously distressed electric coops. Philreca reacted like a threatened lion.
National Highway, Brgy. Gabut, Dupax del Sur, Nueva Vizcaya
GLOBE 0917-312-5775 Main Office
GLOBE 0917-306-0494 Solano/Villaverde/Quezon
GLOBE 0917-451-9654 Bayombong/Ambaguio
GLOBE 0917-304-8268 Bagabag
GLOBE 0955-920-4038 Diadi
GLOBE 0965-883-7291 Bambang/Kayapa
GLOBE 0965-411-3308 Aritao/Sta. Fe
GLOBE 0977-752-9308 Dupax Sur/Norte
EMAILnuvelco@yahoo.com