NEA Approves CENECO’s Modernization With Negros Power

The National Electrification Administration has recently given its approval for the modernization of the Central Negros Electric Cooperative (CENECO) through a partnership with Negros Power

The Negros Occidental Electric Cooperative (CENECO) has recently received approval from the National Electrification Administration (NEA) to proceed with the modernization of its electricity distribution system through Negros Power. This milestone marks a significant step forward in addressing the growing demand for reliable and efficient power services in Bacolod City and Central Negros.

An Overview

CENECO has been at the forefront of providing electricity to Negros Occidental for over half a century. However, as the province continues to grow and develop, the demand for reliable and efficient electricity has also increased. Recognizing the need to upgrade and modernize its infrastructure, CENECO sought approval from the NEA to embark on this bold project.

NEA Approval and Conditional Consent

The NEA plays a crucial role in the development and regulation of electricity cooperatives in the Philippines. Its approval signifies trust in NEA’s ability to implement the project in compliance with regulatory requirements and industry standards.

Acting CENECO General Manager Arnel Lapore, explained in an interview recently that NEA’s conditional consent comes with specific requirements. According to a memorandum issued by NEA Administrator Antonio Mariano Almeda, the consent is subject to the fulfillment of nine (9) conditions. These include settling outstanding loans and obligations with NEA and other creditors totaling approximately PHP 60M and PHP 200M, respectively.

CENECO must also address financial obligations to its employees and set aside funds for bill and meter deposits of its member-consumer-owners (MCOs). NEA highlights the need for NEPC to commit to complete electrification of CENECO’s franchise area.

Additionally, CENECO must provide a detailed account of the settlement of its obligations and specify the net cash amount it will retain after implementing the JVA. CENECO is directed to ensure uninterrupted service provision to its MCOs throughout the JVA implementation and NEPC’s operations.

Modernization Objectives

The modernization of CENECO’s electricity distribution system aims to enhance the reliability and efficiency of power supply in the province. By upgrading and expanding its infrastructure, CENECO aims to improve the overall quality of the electric service provided to its member-consumers.

Key Components. The modernization project encompasses several key components that will contribute to achieving these goals. These include:

1. Network Expansion

CENECO will invest in expanding and upgrading its transmission and distribution lines to ensure a more robust and reliable electric grid.

2. Smart Grid Technology

The cooperative will implement advanced smart grid technologies to facilitate real-time monitoring, control, and automation of power delivery. This will enable more efficient management of electricity resources and improve the overall customer experience.

3. Renewable Energy Integration

CENECO will explore opportunities for the integration of renewable energy sources, such as solar and wind power, into its energy mix. This will contribute to a more sustainable and environmentally friendly energy system.

4. Customer Empowerment

The cooperative will invest in customer-focused initiatives to empower consumers with real-time information about their energy consumption and options for managing their bills.

Benefits of Modernization

The modernization of CENECO’s electricity distribution system will bring numerous benefits to the province and its residents. These benefits include:

• Improved Reliability

The upgraded infrastructure and enhanced smart grid technology will minimize power outages and disruptions, providing more reliable and consistent electricity service.

• Cost Savings

The implementation of advanced energy management tools will enable CENECO to operate more efficiently, resulting in cost savings that can be passed on to the member-consumers.

• Environmental Sustainability

The integration of renewable energy sources will help reduce the province’s reliance on fossil fuels and contribute to a more sustainable energy future.

• Enhanced Customer Service

The modernization project will prioritize customer-centric initiatives, ensuring a more personalized and responsive electric service.

Conclusion

The approval by the NEA of the modernization of CENECO with Negros Power is a significant milestone in the province’s journey towards more efficient and reliable electricity service. By investing in its infrastructure and implementing advanced technologies, CENECO aims to meet the growing demand for electricity while promoting environmental sustainability and customer satisfaction. This project serves as a prime example of the power cooperatives’ dedication to providing reliable and modern energy solutions to its member-consumers, contributing to the overall development and progress of Negros Occidental.