The Benguet Electric Cooperative (BENECO) Board of Directors reiterated its all-out support to the new management under the leadership of General Manager Engr. Melchor S. Licoben to ensure the sustainable growth and development of one of the country’s top performing electric cooperatives and for the same to be in good hands.
BENECO Board President lawyer Esteban Aclopen Somngi said that the 11-member policy-making body is fully supportive of the programs, projects and activities of the new management that is geared towards advancing the status of the electric cooperative, especially in making sure that member-consumer-owners will enjoy cheap, affordable and reliable electricity.
He pointed out that technically competent people must be in place to management and administer the highly complicated operations of the electric cooperative that is why the board unanimously decided to appoint Engr. Licoben first as an officer-in-charge by virtue of Resolution No. 2020-83 and as a full-pledged General Manager pursuant to Resolution No. 2020-90 awaiting confirmation from the National Electrification Administration (NEA).
Earlier, the NEA already confirmed BENECO Board Resolution No. 2020-83 pending its formal confirmation of Resolution No. 2020-90 that was reproved way back on April 21, 2020.
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Somngi disclosed that the board previously approved various short- medium and long-term development programs and plans of the electric cooperative that will continue to be implemented to maintain its prevailing status and allow people to enjoy cheap power rates BENECO being one of the electric cooperatives that charge the lowest power rates to their consumers where the same is even much cheaper compared to the power rates of much bigger cooperatives and private power distribution utilities with fare more consumers.
The BENECO board president claimed that the members approved the proposed Pantawid Liwanag program as part of the electric cooperative’s corporate social responsibility program that benefitted more than 170,000 consumers in Baguio and Benguet so that whatever benefits that have been made available will accrue to most of the consumers within its franchise area.
According to him, the BENECO board continues to closely work with the new management on how to institute the needed policies and strategies that will allow the electric cooperative to climb up the success ladder and further improve its status as one of the top performing electric cooperatives in the country being among the few Class AAA electric cooperatives.
Somngi asserted that the members of the board will remain vigilant on the latest trends in the country’s power industry so that appropriate policy actions will be put in place to combat the effects of the wrath of the present global pandemic because they do not want that the gains of the electric cooperative over the past three decades will be ruined as what they want is to further advance the status of BENECO in the country’s power sector.
BENECO has been reaping numerous awards from the regulatory agencies over the past several years because of the electric cooperative’s efforts in the implementation of the government’s rural electrification program and ensuring single digit systems loss and 100 percent collection efficiency.
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