Electricity shutdown in 3rd District of CamSur looms

Naga City, Camarines Sur — Over a hundred thousand consumers in Camarines Sur should brace for an electric supply cut-off later this month if the local power cooperative cannot come up with payment for its P276-million debt to its suppliers before January 25.

Camarines Sur Electric Cooperative II (Casureco II) was given until tomorrow (January 15), to pay its supplier, the Philippine Electricity Management Corporation (PEMC), P89 million as security deposit.

Manny Rojo, Casureco II spokesman, said the cooperative will also need to pay the Wholesale Electricity Spot Market (WESM) P187-M before January 25 to make sure its consumers will not experience total blackout.

The cooperative blames the freeze order issued by the Regional Trial Court (RTC) Branch 33, here, ordering Casureco II to freeze power rates.

“The TRO (temporary restraining order) considerably affected our collection efficiency,” Rojo said. “We are simply buying electricity from suppliers. We do not have control of the prices.”

If all of Casureco II’s efforts fail, it will be the first time that consumers in its service area in the third district of the province will experience a blackout due to unpaid bills.

Editor’s note:Yahoo Philippines encourages responsible comments that add dimension to the discussion. No bashing or hate speech, please. You can express your opinion without slamming others or making derogatory remarks.

  • Island Hopping in Honda Bay Gael Hilotin - Pinay Solo Backpacker
    Island Hopping in Honda Bay

    Puerto Princesa has long been a magnet of sun-worshippers and pleasure seekers. Gratefully, despite the crowd it brings, it has managed to preserve its splendor over the years. Resting on the eastern coast of the green city is Honday Bay, … Continue reading → …

  • Rising number of trafficked fishermen alarms Tawi-Tawi authorities VERA Files - The Inbox
    Rising number of trafficked fishermen alarms Tawi-Tawi authorities

    By Jake Soriano, VERA Files Bongao, Tawi-Tawi—Tawi-Tawi authorities are alarmed at the growing number of fishermen from the Visayas who end up here after being recruited by human trafficking syndicates to engage in dangerous compressor diving. The latest case involves … Continue reading → …

  • The return of Gigi Reyes Ellen Tordesillas, Contributor - The Inbox
    The return of Gigi Reyes

    By Ellen T.Tordesillas This is going to be fascinating. Atty. Gigi Reyes, former chief of staff of Sen. Juan Ponce-Enrile who is included among those accused of plunder in connection with the misuse of Priority Development Assistance Fund, came back … Continue reading → …

POLL
Loading...
Poll Choice Options