The Negros Electric and Power Corp. (NEPC) is preparing to assume its role as the new distribution utility, in compliance with the joint venture agreement (JVA) established between the Central Negros Electric Cooperative and Primelectric Holdings Inc.
According to a press release, this development is aimed at enhancing the power distribution services available to the cooperative’s franchise areas, which encompass the cities of Bacolod, Bago, Talisay, Silay, and the municipalities of Murcia and Don Salvador Benedicto.
Roel Castro, the President and Chief Executive Officer of Primelectric/NEPC, recently addressed the media at the Bacolod City Government Center, shedding light on the intricate process that must unfold before NEPC can officially take charge of operations.
Following the successful “yes” vote in a series of earlier plebiscites, the CENECO and National Electrification Administration (NEA) must declare the final canvass of the results and official proclamation, also allowing for a period during which protests can be registered.
Castro emphasized that NEPC’s operational commencement hinges on securing a franchise from Congress, the approval of the President, and obtaining the Certificate of Public Convenience and Necessity (CPCN), a pivotal license granted by the Energy Regulatory Commission (ERC).
These regulatory approvals are prerequisites for NEPC’s takeover as the new distribution utility, but the specific timing remains uncertain.
According to Castro, “It’s difficult to say, especially the franchise period. It will go through the lower house of Congress, Senate, and the Office of the President, medyo (a bit) difficult to project, I will not speculate on that.”
However, amidst this uncertainty, Castro reassured the public that the JVA was conceived with consumer welfare at its core.
He affirmed NEPC’s commitment to fulfilling the conditions outlined by Bacolod City Mayor Alfredo Abelardo Benitez, which include providing renewable power, more affordable rates, and improved service.
Yet, it’s essential to set realistic expectations, as Castro clarified, “Assuming that there is already a takeover, do not expect that in the following days, there will be no brownouts because we have to do the improvements, rehabilitations, and modernizations within five years.”
Primelectric/NEPC is proactively engaging in a series of meetings with CENECO Managers and employees to ensure a seamless and efficient transition.
These discussions reflect their dedication to a smooth shift in operations, underlining the importance of effective collaboration and communication throughout this transformative process.
Castro also said that upon the request of CENECO, they are willing to assist them now in some minor rehabilitation works as long as it will not violate the Charter of NEA and other existing laws.*
