Close Menu
Bacolod Lifestyle and Travel Guide
  • Home
  • News
  • Festivals
  • Restaurants
  • Hotels
  • Travel Destinations
  • Negros Power
  • Technology
Facebook X (Twitter) Instagram
  • Home
  • Privacy Policy
  • Terms and Conditions
  • Contact Us
  • Sitemap
Facebook X (Twitter) Instagram YouTube
Bacolod Lifestyle and Travel GuideBacolod Lifestyle and Travel Guide
  • Home
  • News
  • Festivals
  • Restaurants
  • Hotels
  • Travel Destinations
  • Negros Power
  • Technology
Bacolod Lifestyle and Travel Guide
Home»News»CENECO-Primelectric JVA: A Win-Win for Consumers and CENECO
News

CENECO-Primelectric JVA: A Win-Win for Consumers and CENECO

By Ed JovenAugust 15, 2023
Share
Tweet
Pin
Reddit
Email
0 Shares

Why You Should Vote YES on the CENECO JVA with Primelectric/Negros Power

CENECO, the power distributor for Negros Occidental, is in crisis. The company is heavily indebted, its infrastructure is outdated, and it is losing money. If CENECO does not receive help soon, it will be forced to file for bankruptcy.

  • CENECO’s debt to the National Electrification Administration, banks, and other creditors has reached over 600 million pesos.
  • CENECO last invested in new equipment, upgrading, and modernizing facilities was in 2011.    
  • CENECO’s distribution infrastructure needs to be updated, with overloaded substations and transformers, numerous damaged wooden poles, and unreliable power lines and meters.    
  • CENECO is incurring losses of around 20 million pesos per month due to high system losses of up to 11%.    
  • CENECO’s franchise will expire in 2030.

CENECO-Primelectric JVA A Win-Win for Consumers and CENECO

The CENECO Joint Venture Agreement (JVA) with Primelectric/Negros Power is the best way to save CENECO and protect consumers. Under the JVA, Primelectric will provide CENECO with 1.7 billion pesos to help it settle its debts and upgrade its infrastructure. This will lead to improved electricity service and lower electricity costs for consumers.

Here are some of the benefits of the CENECO JVA:

  • Primelectric will provide 1.7 billion pesos in cash to help CENECO settle its debts, avoid bankruptcy, and continue providing electricity to consumers.
  • Primelectric will finance the repair, replacement, upgrading, and modernization of CENECO’s distribution facilities. This will improve the reliability of CENECO’s power grid and reduce the number of power outages.
  • Primelectric will implement a 5-year development plan to enhance CENECO’s substation and transformer capacities, replace wooden poles with concrete ones, upgrade primary lines, install digital meters, improve response times, and reduce unplanned power outages. This will lead to a significant improvement in the quality of electricity service for consumers.
  • The system loss passed on to consumers will be capped at 5.5%, as the Energy Regulatory Commission allows. This means consumers will not have to pay for the company’s inefficiency.
  • Negros Power will seek a congressional franchise wherein CENECO will have a 30% share. This will ensure that CENECO will continue to be owned and controlled by the people of Negros Occidental.

Mobile Substations

The CENECO JVA is a win-win for consumers and CENECO. It will lead to improved electricity service and lower electricity costs for consumers. It will also help CENECO avoid bankruptcy and continue providing electricity to the people of Negros Occidental.

Plebiscite Dates and Locations

The Plebiscite to approve the CENECO JVA will be held on the following dates:

  • August 19, 20
  • August 26, 27
  • September 2, 3

The Plebiscite will be held at designated schools in all municipalities and cities in Negros Occidental.

How to Vote

To vote in the Plebiscite, you must be a registered voter in Negros Occidental and a consumer of CENECO. You can vote in person at your designated polling place or by absentee ballot.

If you cannot vote in person, you can appoint a proxy. 

Proxy forms are available at the CENECO JVA booth in the following locations:

CENECO Proxy Form Location
One of CENECO Proxy Form Location
  • SM City Mall
  • Ayala Mall
  • Robinsons Mall
  • City Mall
  • Gaisano Mall
  • 888 Mall
  • Bacolod Old City Hall
  • Bacolod New Government Center

Vote YES on the CENECO JVA to improve electricity service and lower consumer electricity costs.

 

 

 

Learn more about Primelectric-CENECO JVA:

CENECO: A Power Crisis in the Making? Vote YES to JVA to Save Us!

 

 

CENECO-Primelectric JVA:  A Win-Win for Consumers and CENECO
Share. Facebook Twitter Pinterest Email

Related Posts

Savings Alert: Negros Power Drops Rates Again This June

June 17, 2025

PLDT Home Fiber now in Prepaid – Unlimited, Reliable, Affordable Internet for the Family

June 16, 2025

Success Stories from the first Negros Power Surgical Mission in Negros

June 14, 2025

RMC Season 9 Finale: APBREN Wins Crown & realme GT 7 Units

June 12, 2025
Leave A Reply Cancel Reply

Follow Us
  • Facebook 41.5K
  • YouTube 3.4K

Savings Alert: Negros Power Drops Rates Again This June

June 17, 2025

PLDT Home Fiber now in Prepaid – Unlimited, Reliable, Affordable Internet for the Family

June 16, 2025

Success Stories from the first Negros Power Surgical Mission in Negros

June 14, 2025

RMC Season 9 Finale: APBREN Wins Crown & realme GT 7 Units

June 12, 2025

Negros Power Nine Months After Takeover: Big Changes, Brighter Future

June 10, 2025
Featured Video
https://www.youtube.com/watch?v=VkyMixMaw5A
Partner Sites
  • Filipino Recipes by Pinoy Recipe at Iba Pa
  • Filipino Desserts by PingDesserts.com
  • Tech News Philippines
HONOR X9c 5G Smartphone
Bacolod Lifestyle and Travel Guide
Facebook X (Twitter) Pinterest YouTube
  • Home
  • Privacy Policy
  • Terms and Conditions
  • Contact Us
  • Sitemap
Copyright © 2015 - 2025 BacolodLifestyle.com.

Type above and press Enter to search. Press Esc to cancel.

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.