Bacolod Business News

The Primelectric-CENECO JVA And Why Your YES Matters!

The Primelectric-CENECO JVA And Why Your YES Matters!

Let’s say YES to JVA and participate in the plebiscite. Every vote counts, so please don’t miss the opportunity!

Electricity not only plays a huge part in our daily lives at home but is extremely vital for all the things that go on in the world around us in our modern life. I cannot imagine a world without it because life will be so difficult and slow. That’s why people need to learn how to value electricity and not waste it.

The Primelectric-CENECO JVA And Why Your YES Matters!

That’s the case if you still have electricity. What if you no longer have it? What would become of life? That’s what probably goes on in the minds of most if not all CENECO consumers. Many are pushing for the approval of the Primelectric and CENECO JVA (Joint Venture Agreement). If this JVA pushes through, electricity services in Bacolod City and Central Negros will greatly improve. Thus, lessening unscheduled brownouts and reducing the price of electricity, among many other benefits.

Reasons to Vote Yes on the Primelectric / Negros Power and CENECO JVA

I. CENECO has been struggling financially for decades now

Here are some information illustrating that:

  • CENECO has over Php 600 million in debt to the National Electrification Administration, banks, etc.
  • CENECO continues to lose almost Php 20 million monthly due to high system losses reaching up to 11%.
  • CENECO hasn’t invested in new equipment, facility modernization, and upgrades since 2011.
  • In 2030, CENECO’s franchise will expire.
  • CENECO’s substations and transformers are overloaded; distribution equipment is outdated; many wooden utility poles are broken and leaning; meters are no longer precise; and power lines are tangled.

The Primelectric-CENECO JVA And Why Your YES Matters!

II. Primelectric / Negros Power will save CENECO and its consumers
  • Primelectric will invest in improving, replacing, upgrading, and modernizing distribution facilities.
  • Primelectric will provide Php 1.7 billion to help settle CENECO’s debts.
  • System losses passed on to consumers will be capped at 5.5% as regulated by the Energy Regulatory Commission.
  • Negros Power will apply for a congressional franchise with CENECO holding a 30% share.
  • In a 5-year development plan, they will increase substation and transformer capacity, replace wooden poles with concrete, reinforce primary lines, upgrade to digital meters, and strengthen responsiveness to lessen unscheduled brownouts.
III. Electricity service will improve, and the cost of electricity will decrease with the JVA’s execution

YES TO JVA

If we want change, we need to be heard! Let’s say YES to JVA and participate in the plebiscite. Every vote counts, so please don’t miss the opportunity.

The Primelectric-CENECO JVA And Why Your YES Matters!

Proxy Voting

You can appoint a proxy if you support the CENECO JVA but can’t vote on the plebiscite day.

The Primelectric-CENECO JVA And Why Your YES Matters!

You may complete your proxy form available at the CENECO JVA booths located at these following areas:

  • SM City Bacolod
  • Ayala Malls Capitol Central
  • Robinsons Place Bacolod
  • CityMall
  • Gaisano Mall
  • 888 Chinatown Premier Mall
  • Bacolod Old City Hall
  • Bacolod New Government Center
Voting Centers and Precincts

Here are the list of voting centers and precincts for the conduct of plebiscite for the Joint Venture Agreement (JVA) between Primelectric and CENECO:

How CENECO And Its Consumers Would Benefit From The Primelectric & CENECO Joint Venture Agreement

How CENECO And Its Consumers Would Benefit From The Primelectric & CENECO Joint Venture Agreement

How CENECO And Its Consumers Would Benefit From The Primelectric & CENECO Joint Venture Agreement

How CENECO And Its Consumers Would Benefit From The Primelectric & CENECO Joint Venture Agreement

How CENECO And Its Consumers Would Benefit From The Primelectric & CENECO Joint Venture Agreement

How CENECO And Its Consumers Would Benefit From The Primelectric & CENECO Joint Venture Agreement

How CENECO And Its Consumers Would Benefit From The Primelectric & CENECO Joint Venture Agreement

How CENECO And Its Consumers Would Benefit From The Primelectric & CENECO Joint Venture Agreement

How CENECO And Its Consumers Would Benefit From The Primelectric & CENECO Joint Venture Agreement

The Blue Ink

Dhadha Garcia is a lifestyle blogger from Bacolod, PH. She is a mompreneur, a full-time blogger, and a content creator. She started blogging in 2007 and became one of the pioneers of the Negrense Blogging Society, Inc. (NBSI) in 2009, where she has received several awards and nominations for her blogs. She also writes at www.twenteenmom.com and www.classysweets.com.

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