Negros Electric says P1.2 Billion invested in upgrades and service improvements

Title Empowering Progress How Farmers and Professionals Can Benefit from Negros Electric's P1.2 Billion Investment

Introduction

Access to reliable and efficient electricity services is crucial for farmers and professionals in the Central Negros region. Negros Electric, a joint venture company between Primelectric Holdings Inc. and Central Negros Electric Cooperative, has made significant strides in improving its infrastructure and services since taking over electric distribution services last year. This blog post will explore how their P1.2 billion investment can benefit farmers and professionals alike.

Infrastructure Upgrades A Driving Force for Progress

Negros Electric's substantial investment in upgrades and service improvements is a testament to their commitment to providing better services to the community. According to President and CEO Roel Castro, nearly half of the budget has been utilized in the first year, with 26% of planned projects already completed. This progress is a welcome development for farmers who rely heavily on electricity-powered equipment to maintain their daily operations.

Reducing System Loss A Boost for Farmers' Operations

One key area Negros Electric focused on was rehabilitating and uprating inherited facilities from Central Negros Cooperative, which had been plagued by frequent power interruptions. The result is a significant reduction in system loss, from 13% to a mere 7%. This decrease can have a direct impact on farmers' daily operations, ensuring they receive the electricity they need to maintain their crops and livestock.

Energizing Rural Areas Brightening Communities

Negros Electric's efforts didn't stop at upgrading infrastructure. They also focused on energizing sitios, or rural areas, which previously lacked access to reliable electricity. To date, they have energized 30 sitios, benefiting an estimated 1,600 households for a mere P25 million investment. This demonstrates the company's commitment to bridging the energy gap and bringing light to communities that need it most.

Building Relationships and Trust A Commitment to Progress

President Castro acknowledged that the initial investment may not be sufficient to fully rehabilitate the grid but assured that they are ready to infuse additional funds. He emphasized that their first year has been about progress, service, and building relationships. This commitment to progress is music to the ears of farmers and professionals who rely on reliable electricity services.

Conclusion

Negros Electric's P1.2 billion investment is a beacon of hope for farmers and professionals in the Central Negros region. Their efforts to upgrade infrastructure, reduce system loss, and energize rural areas demonstrate their commitment to providing better services to the community. As we move forward into 2025 and beyond, it's clear that Negros Electric will continue to be a driving force behind progress and growth in the region.

Key Takeaways

Negros Electric has invested P1.2 billion in upgrades and service improvements in its first year of operations.
The company has reduced system loss from 13% to 7%, benefiting farmers and professionals alike.
Energizing sitios has brought reliable electricity to an estimated 1,600 households.
Negros Electric is committed to building relationships and trust with the community.

Conclusion

Negros Electric's commitment to progress and service is a testament to their willingness to empower the needs of the community. By investing in infrastructure upgrades and service improvements, they are empowering farmers and professionals to thrive in the region.

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Edward Lance Arellano Lorilla

CEO / Co-Founder

Enjoy the little things in life. For one day, you may look back and realize they were the big things. Many of life's failures are people who did not realize how close they were to success when they gave up.