News and Updates

SOCOTECO-1 is now ISO Certified

April 25, 2017

April 18, 2017- SOCOTECO-1 successfully completed certification to the management system, standards and guidelines of ISO 9001:2008. The Management underwent a rigorous and in depth evaluation of the Quality Management System by the TϋV Rheinland, an ISO certifying body. SOCOTECO-1’s direction is towards meeting the current and future requirements of all its member-consumers and also […]

97 power coops move up in latest NEA assessment

 Ninety-seven electric cooperatives (ECs), or 80% out of the 121 ECs in the country are now categorized A or higher, as the National Electrification Administration (NEA) released this week the results of the 2016 EC Overall Assessment Performance. NEA Administrator Edgardo Masongsong said “the results of the assessment attest to NEA’s successful campaign efforts to […]

NEA urges creation of bank tailored to electricity consumers

  Citing its “tremendous potential,” the National Electrification Administration (NEA) has urged electric cooperative consumers to “come together” to establish a bank dedicated to them. NEA chief Edgardo Masongsong made the statement before the Barangay Member Consumers Electrification Committee (BMCEC) on April 8 at the Fibeco Consumers Training Center in Maramag, Bukidnon. In his message, Masongsong […]

 NEA guns for solutions to ARRM coops’ woes

March 20, 2017

MEDIA RELEASE NEA Administrator Edgardo R. Masongsong (seated L-R) together with the participants to the ARMM ECs’ Consultative Conference  at the HES Auditorium in Quezon City on 13 March 2017. Inset are  (L-R) Lanao del Sur Vice Governor Mamintal Adiong, ARMM Vice Governor Haroun Alrashid Lucman, MinDA Asec Romeo Montenegro and Administrator Masongsong.  In the […]

New hydropower plant to generate 250 MW for Bukidnon

March 10, 2017

In a bid to ensure reliable supply of electricity in Mindanao, First Bukidnon Electric Cooperative, Inc. (FIBECO) and Pulangui Hydro Power Corporation (PHPC) entered into a Memorandum of Understanding (MOU) on March 8 to kick off the construction of the 250-MW Pulangui 5 hydro power plant in Bukidnon. Senator Juan Miguel Zubiri and National Electrification […]

NEA activates task force to take over Davao del Norte power coop

March 6, 2017

  National Electrification Administration (NEA) Chief Edgardo R. Masongsong said that a task force is officially being activated by the Agency on March 01, 2017 to take over the operations and management of the Davao del Norte Electric Cooperative. Inc. (Daneco). At the NEA-ECs Media Relations Convocation held on February 21, 2017, Masongsong said, “we […]

Strict enforcement of good governance policies for electric coops to protect electricity consumers––NEA

February 24, 2017

MEDIA RELEASE February 20, 2017 Strict enforcement of good governance policies for electric coops to protect electricity consumers––NEA
 The National Electrification Administration (NEA) assured the public on February 20, 2017 that measures are already in place to ensure that power supply agreements (PSAs) and other related contracts entered into by electric cooperatives (ECs) […]