TEAM IN BRACING FOR DISASTERS. Government and political leaders of this country are always united as they work as a team in disaster preparedness programs. Vice Pres. Noli De Castro (left), Pres. Arroyo, Albay Gov. Joey Salceda and Energy Secretary Angelo Reyes (right) are all ears to Albay’s presentation during the first launching of the National Climate Change Adaptation (NCCA) program at the Albay Astrodome in Legazpi City.The National Electrification Administration (NEA), Albay Electric Cooperative (Aleco), and the Provincial Government of Albay would jointly implement a total of P67-million power subsidy anytime this first quarter of the year to the over 100,000 electricity consumers of the province, a step aimed at reducing the bills being paid by the coop members.
Albay Gov. Salceda said that P54-million of the power subsidy would come from NEA, while Albay will chip in P13-million, an amount saved out of the Tiwi Geothermal local taxes.
Salceda, however said that the scheme to be adopted in effecting the subsidy to the Aleco consumers has yet to be finalized, with the Aleco Board.
“Of course we are grateful to NEA for granting us this subsidy. And Albay will immediately release its share to be taken out of the Tiwi geothermal tax savings,” the Albay governor said as of press time.
Records obtained by The Bicol SUN have it that is indebted to the National Power Corporation (NPC) by over P1.5-billion; Transmission Corporation (Transco) by over P249-million; and NEA by close to P150-million.
The continuously ballooning Aleco debt and remained very high percentage of systems loss of over 20 percent, forced NPC to supervise Aleco and directly collect the money due it.
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