Negros Power Franchise Receives Congressional Approval
In a recent development, the Committee on Legislative Franchises presented Committee Report No. 936 on House Bill No. 9805 during the 2nd regular session of the 19th Congress. The bill, sponsored by Central Negros Occidental representatives, has passed the second reading and aims to grant a franchise to Negros Electric and Power Corp. (NEPC). This franchise will enable NEPC to establish, operate, and maintain an electric power distribution system for commercial purposes and in the public interest.
Service Coverage and Duration
The franchise specifically targets the following areas in the province of Negros Occidental:
- Cities: Bacolod, Silay, Talisay, and Bago
- Municipalities: Murcia and Don Salvador Benedicto
The franchise tenure extends for a substantial 25 years, ensuring long-term commitment to the region’s energy needs.
Key Points from the Plenary Debate
During the plenary debate, Congressman Gus S. Tambunting, chair of the Legislative and Franchises Committee, underscored critical aspects:
- Central Negros Electric Cooperative (CENECO) will retain 30 percent ownership of NEPC.
- All debts and financial obligations will be resolved through a Joint Venture Agreement.
- Employees will be well taken care of.
- Retirement and separation fees from CENECO will be honored as per the Collective Bargaining Agreements.
- Employees will receive priority consideration if they choose to apply to NEPC.
1. Ownership and Debt Settlement:
2. Employee Welfare:
The Franchise’s Core Purpose
The primary objective of this franchise is reliable and uninterrupted electricity supply within the designated franchise area. By meeting the energy demands of residents, it aims to:
- Fuel Regional Development: Contributing to the growth and progress of the region.
- Enhance Electric Distribution: Elevating the overall quality of electric services for residents.
Negros Power’s Positive Stride
As Negros Power secures the green light from the 19th Congress, it ushers in a new era of energy provision for the designated areas. With a focus on sustainability, economic growth, and employee welfare, this legislative move sets the stage for a brighter and more empowered future for Negros. The approved franchise is a testament to the commitment of lawmakers to ensure the well-being of residents and contribute to the overall progress of the region.
