The National Electrification Administration (NEA) has released over PHP 237 million in loans to five electric cooperatives (ECs) in the first two months of 2026 to fund capital expenditure projects aimed at improving power reliability in their respective networks.

Data from NEA’s Accounts Management and Guarantee Department showed that a total of PHP 237.272 million had been disbursed as of end-February to support the cooperatives’ respective CAPEX initiatives.

The funding is intended to help ECs upgrade and expand their infrastructure. This enables them to deliver more reliable and uninterrupted electricity service to their member-consumer-owners.

Beneficiaries of the loans include Zambales I Electric Cooperative, Inc. (ZAMECO I), Pampanga Rural Electric Service Cooperative, Inc. (PRESCO), Zamboanga del Norte Electric Cooperative, Inc. (ZANECO), Davao del Sur Electric Cooperative, Inc. (DASURECO), and Sultan Kudarat Electric Cooperative, Inc. (SUKELCO).

The disbursement forms part of NEA’s broader financing support for electric cooperatives under its Enhanced Lending Program, which has been allocated PHP 2.310 billion for 2026.

Through the program, NEA provides several financing windows designed to address both routine and urgent funding needs of ECs. These include loans for regular rural electrification CAPEX, emergency and unplanned capital expenditures under the disaster resiliency program, calamity loans, concessional financing, renewable energy projects, as well as working capital requirements.

Will increased financing be enough to improve reliability across electric cooperatives nationwide?

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