Thirteen electric cooperatives in Negros Island and other Visayas provinces will receive millions of pesos in benefits from the Energy Development Corporation under the Energy Regulations 1-94 program of the Department of Energy.
The program is to recompense host communities of energy resources and/or energy generating facilities, Norreen Bautista, head of EDC’s Corporate Social Responsibility team in Negros said yesterday.
Bautista identified the distribution utilities as Negros Oriental Electric Cooperative (NORECO I) and II, Cebu Electric Cooperative I (CEBECO I), Cebu Electric Cooperative II (CEBECO II), Cebu Electric Cooperative III (CEBECO III), BANELCO (Bantayan Electric Cooperative, Inc.), Camotes Electric Cooperative (CELCO), Mactan Electric Company, Inc. (MECO), Visayan Electric Company (VECO), Bohol Light Company, Inc. (BLCI), Bohol Electric Cooperative I (BOHECO I), Bohol Electric Cooperative II (BOHECO II), and Province of Siquijor Electric Cooperative (PROSIELCO).
NORECO I was the first to receive its electrification fund, amounting to PHP4.16 million based on DOE’s computation under its Energy Regulation 1-94 program, she said.
The others will follow in the coming weeks and months, she added.
Bautista said the disbursement of benefits to community partners is an “opportunity to forge a stronger partnership with them as we work together to not only provide reliable, clean, stable power to more Negrosanons but to also help them thrive” during the Covid-19 pandemic.
EDC operates its 222.5 MW Southern Negros geothermal facility and its subsidiary, Green Core Geothermal, Inc. (GCGI) in Valencia, Negros Oriental.
The geothermal power firms’ over 1,480MW total installed capacity accounts for 20 percent of the country’s total installed renewable energy capacity.
Its geothermal facilities in Valencia, Negros Oriental has been providing clean, renewable, reliable power 24/7 to Negros Island and other parts of the Visayas region for almost 38 years.*PNA