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AKELCO GOT AN A!
 
Just like in pre-school, we all have our A-F Ratings. AKELCO humbly got its share of A on the NEA Score Card. Definitely a reason to celebrate and a motivation to stand out.

The National Electrification Administration issued Memorandum No. 2009-023 addressed to all Electric Cooperatives stating the Categorization Advisory for the First Semester of 2009. 96 EC's were evaluated from Region I to Region XI as well as CARAGA and ARMM. The criteria includes;  Points on amortization payment, system loss, collection efficiency, payments to GENCO/s and TRANSCO, non power cost, level of Barangay energization, connection, results of financial operation and cash advances.

AKELCO belonging to Region VI got a remarkable rating. It almost got perfect in all the categories; 15 points for amortization payment; 22 points for system loss (system loss is 3 points lower than the cap); 15 for collection efficiency; 8 for GENCO payment and 5 for TRANSCO Payment; 10 for Non-power Cost Expenses; 6 points for Level of barangay energization and 3 points for Number of Connections; 5 points for Result of Operation (with Net Margin); -2 for Cash Advances. AKELCO garnered an overall total point of 87 placing it under Category A.

Administrator, Edita S. Bueno encouraged all EC with good ratings to strive best and those that need improvement to strive even more. The categorization results only show that AKELCO is doing great in the field of rural electrification. However, the rating doesn't stop AKELCO in its pursuit for excellence. It is GM Peralta and all partners in progress' ultimate goal to provide the whole Province of Aklan with sufficient and reliable supply of power for the coming years. All pens and paper ready, for AKELCO is all set. Standing by to perform with eagerness that at the end of the year, NEA will hand down its rating and a shining A+ plus is written.

 

By: Rence Necesito-Oczon

       AKELCO Public Information Officer

 

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