NEA BELIES BONGBONG MARCOS CLAIM ELECTRIC COOPS ARE INEFFICIENT

The National Electrification Administration (NEA) is saddened by the statement of Mr. Bongbong Marcos on his concept of Electric Cooperatives (ECs) as inefficient parts in the chain of progress during his interview with DZRH on 25 January 2022.

For more than five decades, the ECs play an important role in ushering economic activities particularly in the rural areas through the implementation of the Rural Electrification Program (REP) which his father, the late former President Ferdinand E. Marcos has started and signed into law on 4 August 1969, the Republic Act No. 6038 or “An Act Declaring a National Policy Objective for the Total Electrification of the Philippines on an Area Coverage Basis, Providing for the organization of the National Electrification Administration, the Organization, Promotion and Development of Electric Cooperatives to Attain the Objective, Prescribing Terms and Conditions for their Operation, the Repeal of R.A. No. 2717, and For Other Purposes”, as amended by Presidential Decree No. 269 enacted on 6 August 1973. READ MORE

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