30/07/2026
𝐌𝐄𝐃𝐈𝐀 𝐑𝐄𝐋𝐄𝐀𝐒𝐄
30 July 2026
𝐍𝐄𝐀 𝐑𝐞𝐥𝐞𝐚𝐬𝐞𝐬 𝐏𝐡𝐩𝟏.𝟔𝟒𝟐 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝐋𝐨𝐚𝐧𝐬 𝐭𝐨 𝐄𝐥𝐞𝐜𝐭𝐫𝐢𝐜 𝐂𝐨𝐨𝐩𝐞𝐫𝐚𝐭𝐢𝐯𝐞𝐬 𝐢𝐧 𝐅𝐢𝐫𝐬𝐭 𝐇𝐚𝐥𝐟 𝐨𝐟 𝟐𝟎𝟐𝟔
The National Electrification Administration (NEA) released a total of ₱1.642 Billion in state-funded loans to 23 electric cooperatives (ECs) nationwide during the first half of 2026. Said loans will support projects geared towards improving electricity services and strengthening power distribution systems.
According to NEA’s Accounts Management and Guarantee Department (AMGD), ₱1.619 Billion of the total amount released was allocated to fund EC capital expenditure (CAPEX) projects.
The beneficiaries include Ilocos Sur Electric Cooperative, Inc. (ISECO), Zambales I Electric Cooperative, Inc. (ZAMECO I), Zambales II Electric Cooperative, Inc. (ZAMECO II), Pampanga Rural Electric Service Cooperative, Inc. (PRESCO), Tablas Island Electric Cooperative, Inc. (TIELCO), Occidental Mindoro Electric Cooperative, Inc. (OMECO), Camarines Sur I Electric Cooperative, Inc. (CASURECO I), Camarines Sur II Electric Cooperative, Inc. (CASURECO II), Camotes Electric Cooperative, Inc. (CELCO), Bohol II Electric Cooperative, Inc. (BOHECO II), Zamboanga del Norte Electric Cooperative, Inc. (ZANECO), Misamis Oriental II Electric Cooperative, Inc. (MORESCO II), Misamis Occidental I Electric Cooperative, Inc. (MOELCI I), Bukidnon II Electric Cooperative, Inc. (BUSECO), Davao del Sur Electric Cooperative, Inc. (DASURECO), Sultan Kudarat Electric Cooperative, Inc. (SUKELCO), South Cotabato II Electric Cooperative, Inc. (SOCOTECO II), Cotabato Electric Cooperative, Inc. - PPALMA (COTELCO-PPALMA), Cotabato Electric Cooperative, Inc. (COTELCO), Agusan del Sur Electric Cooperative, Inc. (ASELCO), Agusan Del Norte Electric Cooperative, Inc. (ANECO), and Surigao Del Sur II Electric Cooperative, Inc. (SURSECO II).
Meanwhile, the Romblon Electric Cooperative, Inc. (ROMELCO) received a ₱23 Million Working Capital loan for the payment of its power bill obligations which will help sustain its operations and maintain reliable electricity service delivery to its member-consumers-owners.
As part of its mandate to pursue total electrification in the country, NEA continues to provide financial assistance to ECs through its Enhanced Lending Program.
The program offers ECs access to several financing windows. These include rural electrification loans for regular CAPEX, funding for emergency, unplanned CAPEX, and disaster resiliency program (EUCDRP), calamity loans, concessional loans, renewable energy loans, and working capital requirements.
Through these facilities, NEA empowers electric cooperatives to enhance the reliability, stability, and sustainability of electricity services while supporting the government's goal of achieving total electrification across the country. # # #