Will it be a bleak, dark Christmas?Less than three months from now or about December 22nd this year, the province of Albay could be out of electric service, again. This is the scenario if local end-user power retailer Albay Power Energy Corp. (APEC) will get disconnected from the National Grid Corporation of the Philippines (NGCP) before the end of the year simply for failure in the settlement of its debts..
Less than three months from now or about December 22nd this year, the province of Albay could be out of electric service, again.
This is the scenario if local end-user power retailer Albay Power Energy Corp. (APEC) will get disconnected from the National Grid Corporation of the Philippines (NGCP) before the end of the year simply for failure in the settlement of its debts.
With 185,324 commercial, industrial and residential customers, the electric company has a low record of 30 per cent collection efficiency.
It must be recalled that hastily formed APEC took over the operations of cash-strapped Albay Electric Cooperative (ALECO) on February 26, 2014.
From the time of takeover up to now, the new power company disclosed it can not even afford to pay its monthly bill charged from the NGCP.
It is the San Miguel Global Energy Power Holdings Corp., APEC’s parent company, which has been subsidizing the payment of monthly bills.
Finance chief Miguel Gopengco confirmed that since San Miguel took over, it has been subsidizing APEC’s average monthly billing of P215 million from NGCP.
Fed up with the financial situation of its subsidiary, San Miguel urged APEC to increase its collection efficiency by at least 50 percent up until December this year. It has warned subsidy for the monthly billings will be cut off.
Gopengco laments that only 3 out of 10 of the total number of consumers are paying regularly which is approximately 55,597 of the 185,324 consumers.
He said the management is planning to strictly implement its one-bill policy.
During the takeover, APEC inherited P4 billion debt from NGCP. But the new management alleges it is not their obligation to pay the loan of ALECO.
APEC has already accumulated P1.6 billion of uncollected bills from the consumers and incurred P200 million system losses.
Before the takeover, the new mangement has knowledge of the goings on in ALECO. Two years with APEC, yet it has not made any efffective corrective measure, so far.
The power end-user retailer is continuously confronted with a monthly erratic system losses of 25 percent due to illegal connections, defective (kilowatt-hour) meters and other pilferages.
Technical head Mark Lucilo said every one percent system loss is equivalent to more than one million pesos.
Lucilo said APEC will also implement massive changing and clustering of meters and line clearings which could reduce losses.
Until after APEC can show improvement from its sagging service, majority of the consumers who refuse to settle their accounts will be hard to convince to pay on time.
Enter your email address to subscribe and receive notifications of latest stories. By Signing Up, You Agree To Our Privacy Policy And European Users Agree To The Data Transfer Policy.
*18
****
SUGGESTED FOR YOU
****
Let's create community! Tell us your thoughts on this article. If logged in with any of your Wordpress.com, Twitter, Facebook, Google+, or registered on this site before, then you can simply write your comment below. Thanks and appreciate your feedback. Cancel reply
Happy Easter!! As part of our continuing coverage of the Holy Week and partial culmination of the activities, we share below the just concluded mass celebration in Naga Metropolitan Cathedral of St. John the Evangelist. Archbishop of Caceres, the Most Rev. Rolando Octavus Joven Tria Tirona, OCD, D.D. , led […]
The Easter Vigil takes place on Saturday, April 20th, beginning at 8.25pm. in Vatican. The celebration begins with the blessing of the new fire in the atrium of St. Peter’s Basilica. The processional entrance follows next with the Easter candle and the singing of the “Exsultet” (or “Easter Proclamation”). Pope […]
This should be the first walking tour for inmotion channel, I mean, a walking exploration. So here I was at the churchyard of the main Catholic church in my hometown which is the Parish church of Our Lady of La Porteria. Welcome to inMotion. And many thanks and appreciate for […]
You read it right, this is the first monument dedicated to the Filipino teachers found in the town of Calabanga. This monument is a landmark for the longest time since I was living in the town, or actually, since I was born. But it was just a standing structure of […]
Watch Stupid Evil Deadly Traditional Politics of the Philippines. The Rodel Batocabe Murder. Many hearts bleed for the lives that are wasted and lost on a daily basis in the country. Some lives are lost by operation of the law as in the continuous drug excursions conducted by police authorities […]
After posting the article covering the much vaunted Pantao regional port located in Libon town of Albay province we dig a foot deeper and decided to go ahead with an update and rejoinder about the project. Envisioned to boost a “robust economic corridor in southern Luzon, specifically for Daet, Naga […]
Yes, Camarines Sur rejected medical equipments solicited by vice President Robredo destined for Calabanga. Why the province of Camarines Sur rejected acceptance of medical equipments solicited by vice President Leni Robredo for an infirmary hospital in Calabanga was a no brainer attitude. Here’s the story. Vice President Leni Robredo successfully […]
Imagine this. A handsome building rising on Quituinan Hill fronting the majestic Mount Mayon would be a sight to behold. That prospect emboldens the municipal council committee on infrastructure of Camalig in Albay coming forward with the plan. They proposed to build a P3.5 billion Bicol International Convention Center located […]
Budget insertions for appropriations on the 2019 proposed national budget made top news these past days. Members of the house of representatives and the Budget Department are pointing fingers who did the possible insertion which bloated the proposed national budget. Budget insertions when intended for infrastructure projects of congressional districts […]
The domestic airport in Pili serving metropolitan Naga and the provinces of Camarines Sur and Camarines Norte will soon be capable of catering to evening flight take-off and landing operations. The Naga airport, which is operated by the Air transportation Office (ATO) of the Department of Transportation and Communications, has […]
The town of Daraga in Albay province, has total assets of P1.029 billion making it to the top of the list among the richest municipal local government units (LGU) for 2017, besting 106 others in Bicol region, according to the Commission on Audit (COA). Daraga, aside from topping the list, […]
Ownership of the University of Nueva Caceres change hands. Kind of. For decades, the Hernandez family of Naga city and Libmanan town used to own and manage the first and largest university in Bicol. But not anymore as the education arm of the Ayala Corporation, the AC Education, Inc., (AEI) […]
Naga City, Bicol’s financial, business, educational and religious capital now has a total net worth of over P4.675 billion, making it the richest local government unit (LGU) in the region, according to the Commission on Audit (COA). The City of Ligao, in Albay province, followed far second, with a total […]
Why Fuentebella’s Partido Development Administration got the axe. The administration is cleaning up the mess of the past. Or, so it seems. Recently, Malacañang abolished a Bicol-based Government Owned or Controlled Corporation (GOCC) created during the administration of former president Fidel V. Ramos. The Partido Development Administration (PDA) was snapped […]
Sharing here the coverage and watch the Good Friday procession and tableau in Calabanga, particularly by the Catholic Parish of La Porteria. As all roads lead to the celebration, but more of observance of the most holy week of the year in the Catholic world, many devotees and pious believers […]
We share a short video taken in one of our visits at the shoreline of Sabang in the town of Calabanga. It took some time before we had the juice at putting together the video which at one occasion was thought to be of no good use. While we took […]
Watch The Moment Mocha Uson Locates Mayon is so Hilarious!! Amidst the rumblings and heigthened seismic activity of Mayon, loose tongue Vlogger and Malacanang’s Presidential Communications Assistant Secretary Margaux Uson, known in the rounds of Duterte supporters as Mocha Uson showed her ignorance on Philippine geography. In the course of […]
Mt. Mayon in the province of Albay, in the Philippines is again rumbling. And that restlessness has been going on for sometime now. The ultra active strato volcano in the region of Bicol is living up to its reputation. The mountain towers with the height of 2,463 meters or 8,081 […]
Today, at 9:32 AM, Tuesday, January 23, Legazpi time, we start a live blogging event to document the fury and ferocious destruction of Mayon volcano on its environ and the local residents living in its vicinity. We are getting a live text feed direct from the city fronting the volcano. […]
Yes it is. Each time the majestic volcano in Albay province erupts, reactions are in varied forms. The affected residents cower and tremble in fear for their lives, property and livestock. Tourists and disaffected residents flock to the city and get a good view of the eruption. On Monday, the […]
Thanks to the long known advocacy of the Greeenpeace group, the 4th Annual sky lantern flying activity in Legazpi city was eventually canceled by its organizers. The organizers of the 4th Annual sky lantern flying activity have decided today to cancel the event after it was met with strong opposition […]
Legazpi water consumers, brace yourselves for the upcoming no holds-barred rate increase in your area. This we learned as the local Legazpi City Water District (LCWD) posed at enforcing its rates increase this August 2017. As with the usual logic, the increase is being justified by the management specifying that […]
The construction of phase one of seawall boulevard project in the northern portion of Legazpi City has begun as part of the P2.1-billion master flood control project supervised by the Department of Public Works and Highways and the City Engineering Office. On Tuesday, city mayor Noel Rosal disclosed the project […]
For lack of proper monitoring standard, an official of DepEd Bicol summarily said there were no major problems met on the first day of school in various provinces and cities of the region. Spokesperson Mayflor Jumamil said the education department had prepared for “Balik Eskwela” this school year with 973 […]
Have you been to CamSur, yet? Or, when was your last visit of the province? We are posting this because Governor Migz Villafuerte is rolling out the invitation to local tourists and ‘outsiders’ alike, to savor the warmth welcome for tourists. Take note the premier province of Bicol offers incomparable […]
Many Bicolanos are either living dirt poor, pay check to pay check, do not have money left to put up a bank account, or do not have confidence in the Philippine banking system. Either one of the above could be true. Take a look at the recent finding based on […]
The Ramon Magsaysay Award Foundation Inc., released a statement refuting an untruthful and baseless claim of a dubious blog site spreading lies and spinning made-up stories against former Naga City Mayor and Interior and Local Government Secretary Jesse Robredo. About Latest Posts Bicol Street Journalist Latest posts by Bicol Street […]
Why a second airport in CamSur will rise in San Jose. Can’t get enough good airport in the province of Camarines Sur? Perhaps, this is why another airport project is coming up. The Partido area in the province of Camarines Sur is getting its own airport. About Latest Posts Bicol […]
Bicolanos are now so ready to abandon small independent stores in its prime cities in exchange for in-mall stores or stands. As Metro Manila-based giant mall operators continue the incursion outside their comfort zones, and into provincial cities and big towns, independent small non-networked stores which used to be stable […]
What were you doing when the Google Street View guy came? This time now you must be aware that Google map has recorded the public view of streets of cities and towns, big or small, in the Philippines, including that of Calabanga. Last year sometime in June a Google Street […]
Talk or reference of informal settlers are confined mostly in the country’s urban centers, most specifically in or around the Mega Manila area. But that phenomenon is not common in urban centers alone. It is a basic fact which prevails in small and big towns in the country. It is […]
After typhoon Nina caused wide destruction on the province of Camarines Sur on the night of Christmas 2016, Camarines Sur Governor Miguel Luis Villafuerte suddenly favors cutting off trees along the national highway traversing the province. In a Facebook post, Gov. Villafuerte wrote: “My proposal to DENR (Department of Environment […]
Typhoon Nina extends Christmas vacation of students in Naga city, including some areas of Camarines Sur. Yes, you read it right. Not only did howler typhoon Nina brought extensive damage on crops and properties in some Bicol provinces. The typhoon also tripped the power in the region. Sustaining damages, the […]
Divided. This is the single, apt word to describe how the chasm of political discombobulation has infected the Filipino psyche. Fueled more by paid trolls who make sure to get small minute details and pick on it if only to stir non-productive discussion. While the many areas in the Bicol […]
The National Grid Corporation of the Philippines (NGCP) confirmed 12 major transmission power lines in South Luzon damaged by the howler typhoon ‘Nina’ that plunged over 2 million service users. These are the 12 major transmission lines which sustained damages from typhoon Nina which plunged some provinces either into total […]
Just looking into the details of a Casureco II power bill is a pain in the spine. Casureco II is the coop retailer of electricity covering the franchise area in the towns of Minalabac, Canaman, Tinambac, Siruma, Pili, Bombon, Magarao, Milaor, Calabanga and Naga City, all in the province of […]
Bicolanos are now so ready to abandon small independent stores in its prime cities in exchange for in-mall stores or stands. As Metro Manila-based giant mall operators continue the incursion outside their comfort zones, and into provincial cities and big towns, independent small non-networked stores which used to be stable […]
A two-meter long Leatherback turtle was freed Sunday night after laying hundred eggs on the shorelines of barangay Rawis of Legazpi city, a Philippine Navy (PN) officer said Monday. The giant turtle was freed at about 8:00PM Sunday by coastal villagers, including representatives from the PN Naval Forces for Southern […]
You read it right, this is the first monument dedicated to the Filipino teachers found in the town of Calabanga. This monument is a landmark for the longest time since I was living in the town, or actually, since I was born. But it was just a standing structure of […]
Many Bicolanos are either living dirt poor, pay check to pay check, do not have money left to put up a bank account, or do not have confidence in the Philippine banking system. Either one of the above could be true. Take a look at the recent finding based on […]
Pro-creative Philippines will have added 49 million to its burgeoning population between 2010 up until the year 2015. Yes, the county’s population is expected at 142 million by 2045, according to the Philippine Statistics Authority (PSA). Here are the regions with high population growth rate: 1 Autonomous Region for Muslim […]
As if the information posted in here on several instances about the town of Siruma may not be enough, yet, here comes a graphic understanding on what to expect on the road to the forsaken and almost forbidden frontier. Thanks to the abundance of resources at self publishing anything from […]
Juban, Sorsogon (PNA) — A German agency is providing a flood warning system along a major river that serves as flood path of rain water coming from the slope of Mt. Bulusan. To be put up along Cadac-an River, which stretches from the lower slope of the volcano and traverses […]
Twenty one year old Bicol lass Maria Venus Raj from the town of Bato here in the province of Camarines Sur, bested twenty three other beauty contestants.
This is why employees should be very vigilant when it comes to availment of their Social Security Systm benefit while updated of their status as contributing member of the system. But what happen when the employees are getting their salaries net of the SSS contribution, meaning the deduction was already […]
Sharing here the coverage and watch the Good Friday procession and tableau in Calabanga, particularly by the Catholic Parish of La Porteria. As all roads lead to the celebration, but more of observance of the most holy week of the year in the Catholic world, many devotees and pious believers […]
The provinces of Albay and Camarines Sur have declared class suspensions in all levels effective on Monday, Dec. 14, as the severe tropical storm “Nona” continues to threaten the Samar provinces and the Bicol Region. Camarines Sur Gov. Miguel Villafuerte posted a memorandum announcing the province-wide suspension of classes in […]
GOA, Camarines Sur, March 24 -– Members of the Philippine National Police-Bicol have started serving the arrest warrant issued by a regional trial court judge against 35 persons that include the mayor, vice mayor, councilors and village chiefs of this town. Judge Noel D. Paulite, presiding judge of RTC Branch […]
LEGAZPI CITY, March 31 – Safety and security during the on-set of the Semana Santa of residents, vacationers and tourists in Bicol has been the concern of the Philippine National Police in the region (PRO5). Now, it has assured their safety by beefing up police forces and intensifying presence. PRO […]
Legazpi City — The province of Albay and this city will be able to showcase as a booming economic and tourism hubs outside Manila in the coming Asia-Pacific Economic Cooperation Summit in 2015, DFA Undersecretary Laura del Rosario said Thursday. Earlier, reported here that probably 10 of 63 APEC ministerial […]
Somewhere in the vicinity between Catanduanes and Guinahoan and Refugio island just north of Caramoan, Camarines Sur one sea turtle (pawikan) may be feeding or finding refuge or just passing by. The DENR office urges the public and those living in coastal communities not to capture the turtles nor attempt to remove their attached transmitters.
DARAGA, Albay, June 4 — The first day of classes in Albay was disorderly with jampacked classrooms that reminded one of a can of sardines. Some teachers even held classes in covered courts with black boards serving as dividers. The severe scarcity of classrooms was aggravated by the implementation of […]
Calabanga — Putting out forest fire is an emerging challenge for local governments and communities which has no equipment nor dedicated personnel for the task. Take the current case of the huge fire that gutted about 100 to 150 hectares of second forest growth in the shoulders of Mount Isarog […]
Bicol farmers are facing an immediate challenge based on the seasonal climate outlook advisory by the Department of Agriculture covering the months of September this year up until January 2016. Reduced rainfall and increase in temperature might reduce crop yield, specifically in rain-fed as well as irrigated areas at the […]
Salceda to junk LP bets because of unfinished Bicol International Airport, which may tip the balance of LP’s winning or losing in his province even as Roxas said he is not afraid to lose Albay. On Thursday, Salceda said his province may junk the administration ticket after the failure of […]
As of end of day of April 13, 2016 here is the current medal standing of eighteen competing regional athletic teams on the on-going Palarong Pambansa being hosted by the province of Albay with competition venues spread about the facilities in towns and Legazpi city. Dominating the harvest of gold […]
MASBATE CITY, Masbate, April 7 — PNP Masbate provincial director confirms illicit drug trade happening inside detention cells. Trading (pushing) of illegal drug thrives and was happening under the nose of the Philippine National Police officers in the holding center of the PNP provincial police office in Camp Bonny Serrano, […]
LEGAZPI CITY — Unknown to the 250,000 power consumers in Albay, the National Electric Administration has filed for a power rate increase in anticipation of the final takeover of the San Miguel Corp. of the operation of its recently acquired bankrupt electric cooperative of the province, according to documents obtained […]
Robredo, Escudero, top political advertisers on ABS-CBN. Independent Partido Galing at Puso vice-presidential candidate Francis “Chiz” Escudero and Daang Matuwid Coalition Liberal Party vice-presidential candidate Ma. Leonor Robredo topped the list among candidates for national position who have spent more for television advertising with ABS-CBN alone. According to the Philippine […]
