Unpaid bill: Entire Philippine province left in the dark

power-blackoutAn entire province in the Philippines, Albay in southeastern Luzon Island, is experiencing a power blackout after the national power grid operator cut off supply because of accumulated debt of $93 million the Albay Electric Cooperative, (Aleco) owed various creditors.

The blackout began at noon on July 30 without warning,  surprising 1.2 million residents of Albay province.. Shops had to close and hospitals and offices are running on generators.

Albay Governor Joey Salceda said he was “working to resolve the problem”, which means paying at least the latest bill, and promised to restore electricity within two days.

However, the Philippine Department of Energy said that a disconnection notice had been served beforehand to Aleco because it failed to pay its bills over 15 years. It asked Alceo to outline a rehabilitation plan to address its ballooning debt. The cooperative said it is currently unable to settle the bills as it incurred big losses in 2011, which observer blame on mismanagement, a high systems loss rate and dilapidated infrastructure.

Alceo avoided a province-wide disconnection in June 2013 by promising to raise funds, but failed to do so.

 



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

$
Personal Info

Donation Total: $10.00

 

 

An entire province in the Philippines, Albay in southeastern Luzon Island, is experiencing a power blackout after the national power grid operator cut off supply because of accumulated debt of $93 million the Albay Electric Cooperative, (Aleco) owed various creditors. The blackout began at noon on July 30 without warning,  surprising 1.2 million residents of Albay province.. Shops had to close and hospitals and offices are running on generators. Albay Governor Joey Salceda said he was "working to resolve the problem", which means paying at least the latest bill, and promised to restore electricity within two days. However, the Philippine...

power-blackoutAn entire province in the Philippines, Albay in southeastern Luzon Island, is experiencing a power blackout after the national power grid operator cut off supply because of accumulated debt of $93 million the Albay Electric Cooperative, (Aleco) owed various creditors.

The blackout began at noon on July 30 without warning,  surprising 1.2 million residents of Albay province.. Shops had to close and hospitals and offices are running on generators.

Albay Governor Joey Salceda said he was “working to resolve the problem”, which means paying at least the latest bill, and promised to restore electricity within two days.

However, the Philippine Department of Energy said that a disconnection notice had been served beforehand to Aleco because it failed to pay its bills over 15 years. It asked Alceo to outline a rehabilitation plan to address its ballooning debt. The cooperative said it is currently unable to settle the bills as it incurred big losses in 2011, which observer blame on mismanagement, a high systems loss rate and dilapidated infrastructure.

Alceo avoided a province-wide disconnection in June 2013 by promising to raise funds, but failed to do so.

 



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

$
Personal Info

Donation Total: $10.00

 

 

NO COMMENTS

Leave a Reply