Gil Alfredo Severino

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CENECO Explains P11.1669/KWH Rate AGMA Set April 30; Referendum Moved to Late 2017

The weakened Philippine Peso against the US Dollar pushed up prices of coal and diesel fuel, resulting to higher generation costs equivalent to P1.26 as reflected in the latest residential monthly billing of the Central Negros Electric Cooperative, Inc. (CENECO).

ASEAN GUESTS. Mayor Evelio Leonardia (4th from right) receives a token from PCOO Usec. George Noel Puyat (3rd from right), who is also the chairman of the ASEAN 2017 SOMRI, during their courtesy visit at the Bacolod City Government Center yesterday, March 23. Accompanying Puyat are PCOO Assistant for Finance Kissinger Reyes (2nd from right), who is also the head of Philippine delegation to SOMRI; and Dino Apolonio (rightmost), general manager of PTV. Joining the mayor in receiving the guests are (from left) Councilors Bartolome Orola, Cindy Rojas, Em Ang, Caesar Distrito, Vice Mayor El Cid Familiaran, and Congressman Greg Gasataya.*

CENECO Coop Building Soon to Rise

The 32-year old mega CENECO Employees Multi-Purpose Cooperative (CEMPCO) initiated the groundbreaking ceremony on June 30, 2017 to commence the construction of a three-storey building along Mabini Street in Bacolod City.

CEMPCO. CENECO Employees Multi-Purpose Cooperative (CEMPCO) Chairperson Malou Parroco delivers the welcome address prior to the ground breaking ceremony of the CEMPCO Building last June 30 in Bacolod.*

CENECO Rate Lower for May

Transparency Meeting Held

Among the items taken up during initial “transparency meeting” last May 18, 2017 is the downward movement of Central Negros Electric Cooperative, Inc. (CENECO) electricity rate from P10.8556/kWh for April 2017 to P10.5062/Kwh for May 2017 or rounded off equivalent of P0.35/kWh.

Newly elected CENECO President Roy Cordova initiating and presiding a meeting with all MCOs and stakeholders last May 18, 2017 in what he described as a regular “Transparency Meeting”* (Gil Severino photo)

CENECO 41st AGMA: ‘P131.51M Income, 12.09% Systems Loss’

Central Negros Electric Cooperative, Inc. (CENECO) highlighted its net income of P131,512,408.00 earned in 2016, during the 41st Annual General Membership Assembly (AGMA) last April 30, 2017 at the Bacolod Tay Tung High School Po Hang Gym, with the theme “An Informed Judgment, a Key to a Better Choice for CENECO”.

Bacolod Congressman Greg Gasataya receives Plaque of Appreciation as keynote speaker of the 41st CENECO-AGMA last April 30, 2017 from CENECO President Arnel Lapore witnessed by the members of the CENECO Board of Directors.* (Gil Severino photo)