NEA processes PHP 2.8 billion in loans for power co-ops nationwide
- January 14, 2026
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The National Electrification Administration (NEA) processed a total of PHP 2.8 billion in state-funded loans for electric cooperatives (ECs) nationwide in 2025, supporting infrastructure upgrades, day-to-day operations, and disaster recovery efforts.
Data from NEA’s Accounts Management and Guarantee Department showed that PHP 1.7 billion of the total loans were allocated to capital expenditure projects of 34 electric cooperatives across Luzon, Visayas, and Mindanao. These funds were used to finance system improvements and other long-term infrastructure needs.
Another PHP 956 million was released as working capital loans to 11 ECs serving electricity consumers in provinces including Albay, Camarines Sur, Pampanga, Pangasinan, Negros Oriental, and Sultan Kudarat, among others. These loans are intended to support the cooperatives’ operational requirements.
NEA also extended PHP 142.4 million in calamity loans to rehabilitate power facilities damaged by Super Typhoon Odette in 2021. The funds supported the repair of the Janopol Mini-Hydro Power Plant in Bohol under the service area of BOHECO 1 and the restoration of distribution lines operated by SURNECO in Surigao del Norte.
The agency said the loans were provided under its enhanced lending program, which aims to help partner electric cooperatives sustain their operations and continue delivering electricity services to their member-consumer-owners.
How can sustained access to financing help electric cooperatives improve reliability and resilience, especially in disaster-prone areas?
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