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#76801 |
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kaniguan78
Join Date: Mar 2009
Location: Daraga/Legazpi City
Posts: 325
Likes (Received): 254
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Albay
Legazpi - Ligao - Tabaco Bacacay - Camalig - Daraga - Guinobatan - Jovellar - Libon - Malilipot - Malinao - Manito - Oas - Pio Duran - Polangui - Rapu-Rapu - Santo Domingo - Tiwi |
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#76802 |
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I <3 Tapayas Tinutungan
Join Date: Aug 2012
Posts: 1
Likes (Received): 0
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#76803 |
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Registered User
Join Date: Nov 2008
Posts: 14
Likes (Received): 23
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What's happening? Where's everybody?
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#76804 |
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Icon Mayon
Join Date: Sep 2012
Posts: 214
Likes (Received): 205
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![]() Source: Misibis Bay
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Legazpi: The Queen City of Bicol |
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#76805 |
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hopper-50
Join Date: Oct 2009
Location: Legazpi/Virginia Beach
Posts: 0
Likes (Received): 0
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#76806 |
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aki kang legazpi
Join Date: Feb 2009
Location: Tiger City of Legazpi
Posts: 1
Likes (Received): 3
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Bankrupt Bicol power co-op not getting better
LEGAZPI CITY—Dubbed as a problem cooperative, the bankrupt Albay Electric Cooperative (Aleco) which had been often placed on rehabilitation since the early 1980s has not shown any signs of improvement and chances of facing power disconnection by December becomes imminent, according to a top energy official. Unless Aleco comes up with a convincing rehabilitation program for its P1-billion unpaid obligations to the power generators, Aleco may not have power by December, according to Energy Secretary Rene D. Almendras. He said 10 other electric cooperatives are facing similar threats. Aleco has outstanding total loans of almost P3.4 billion from Napocor, the National Electric Administration (NEA), Power Sector and Liabilities Management Corp., the National Grid Corp. of the Philippines and power generators. Aleco had often been under NEA control, battling against its 25-percent system loss and allegations of graft and corruption, according to the Ako Bicol Party-list. In times of minor recovery, Aleco management would return under the board of directors elected by consumers. Saddled by the issue of graft and corruption, Aleco also stands accused of allegedly padding consumers’ monthly billings, and the insertion of the Special Payment Agreement (SPA) equivalent to 10 percent of consumers’ monthly billing. Most consumers said they were not aware of this SPA which Aleco claimed was agreed upon early last year during a special assembly of consumers. SPA is a form of advance payment where consumers can use it in the future for his electricity consumptions. It had taken effect starting September 2011 until August 2014. Aleco’s present rate is P13.22 per kilowatt hour. Aleco’s woe started following the devastation wrought by Typhoon Reming in November 2006. Power cooperatives from other regions came to the succor for the immediate restoration of power in Albay which was realized in three months. This was reinforced by rehabilitation funds of P250 million from the Calamity Assistance Rehabilitation Efforts (CARE) secured by Albay Gov. Joey Sarte Salceda and implemented by the NEA in 2007 while the Aleco management was ran by its board of directors. A year later, Salceda worked for Aleco’s rehabilitation by Napocor for its maintenance and operation control for one year. After a year of operation, Napocor offered another year of extension, but Salceda blocked it, saying he was not satisfied with the performance. Thus, the Aleco board returned to managing the cooperative in early 2010. Salceda said he saw the privatization of Aleco as the only alternative to give life to the dying power firm, but his proposal was rebuked by the Catholic Church, the Albay Consumer Watch and the Aleco employees union. Almendras, NEA Deputy Administrator Edgardo Piamonte and Albay congressmen backed Salceda’s proposal. Early in 2011, Salceda forced for the resignation of the Aleco board of directors this time to force again the management entry of NEA seeing to prevent the imminent collapse of the power firm. NEA had set the condition that it would handle again Aleco’s management control provided the Aleco board resigns. Then NEA designated Aleco General Manager Paul Lopez told reporters NEA does not have the money to support Aleco financial needs. In consequence of the takeover of NEA, Energy and NEA officials forged agreement with local officials, local consumers group, and the church to create the management crisis committee, headed by Legazpi Diocese Bishop Joel Baylon. Lopez who had retired three months ago admitted he was flooded with complaints of allegedly padded monthly billings. He told complaining consumers to bring their complaints to Aleco offices as he ordered to settle the complaint by paying only according to the average computation in monthly billing. Consumers, however, said Lopez order did not worked for them. One consumer complained his regular billing of an average of P2,000 monthly suddenly went to P10,000 but he had no option but to settle it or face disconnection as threatened. Generoso Butial said being a bachelor with only one electric fan and stays at home only to sleep at night time, he used to pay a maximum of P50. All of the sudden his bill went to P400, followed by P500-plus, then P400-plus again. Then P300 back to P90. He said he filed a complaint but Aleco said his meter does not have a defect and they insisted he should pay or be disconnected. And he obliged he said. Another consumer went to a radio station in Tabaco City claiming she was charged P11,000 for the month of April and P14,000 for June. His complaint, however, was acted and the two bills were reduced to P2,000 each.
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Legazpi:Southern Luzon's Tiger City Always Majestic. Always Grand. Always Albay Life:You Can Never Define It
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#76807 |
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Registered User
Join Date: Jul 2012
Posts: 0
Likes (Received): 0
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[QUOTE=panganuron23;95776830]Bankrupt Bicol power co-op not getting better
I've not seen any financial statement of ALECO from the time it commenced operations. But one can surmise that its liabilities and obligations far exceed whatever assets it has, hence negative net worth. Pag arog kaini an business, miski ipapa kilo wara ka nang maasahan pa. Technically, the owners of ALECO are its creditors. A monopoly business that enjoys very wide margin, but can barely survive? Some people made a lot of bucks for a long time. Let's see kun an satong new year igwa lamang ki liwanag. |
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#76808 | |
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Yankee Papa
Join Date: Nov 2009
Location: Daraga
Posts: 1
Likes (Received): 0
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Quote:
1. Is the current income of Aleco enough to not increase its debt? If not, then the situation can only get worse. 2. The issue of graft and corruption keeps coming up. Who and when? No names, dates, suggestions are ever brought up. Why? I can relate my experience a couple of months ago - my electric bill did not arrive, so I went to find out why not and was told that my collector was on leave and I would get it next month!
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#76809 |
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Registered User
Join Date: Jul 2012
Posts: 0
Likes (Received): 0
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New Product Labels to be Launched at OKB-Gayon Bikol 2012
New product labels will be launched at OKB-Gayon Bicol 2012, October 4-7, 2012 at SM Megamall. The labels, developed through the DTI-Region 5′s Food Business Development (BIZDEV) Program for selected clients in the food sector can be seen on processed food products, such as: Pili nut, taro chips, red wine, moringa herbal tea, pickled kangkong, muscovado sugar, noodles, peanut butter, dried danggit and ginger powder. The new label designs enhance the overall product presentation of the various processed foods made in the Bicol provinces. Good packaging and labeling considerably improve the marketing potentials of the products and increase their competitiveness. Log on to www.okbikol.wordpress.com for more information on OKB-Gayon Bikol 2012.
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#76810 | |
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Albayano-SorsoganonHybrid
Join Date: Jan 2012
Posts: 1
Likes (Received): 0
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Quote:
Last edited by aponitatacaloy; September 25th, 2012 at 07:45 AM. |
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#76811 | |
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Icon Mayon
Join Date: Sep 2012
Posts: 214
Likes (Received): 205
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MICE, Spice and Everything Nice
September 24, 2012, 3:27pm Quote:
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Legazpi: The Queen City of Bicol |
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#76812 |
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Icon Mayon
Join Date: Sep 2012
Posts: 214
Likes (Received): 205
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![]() Sold-out na pala ang mga lots only. ![]() Source: Camella Legazpi
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Legazpi: The Queen City of Bicol |
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#76813 |
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Icon Mayon
Join Date: Sep 2012
Posts: 214
Likes (Received): 205
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![]() Source: JCI Legazpi
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Legazpi: The Queen City of Bicol |
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#76814 |
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Registered User
Join Date: Jul 2012
Location: Legazpi / Taguig
Posts: 0
Likes (Received): 13
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sa part ko wara akong maipo-post na may quality kaya dai na muna ako nagpapara-post ki warang kauragi.
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LEGAZPI Bicolandia's MOST BEAUTIFUL CITY ONE of the WORLD'S BEST |
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#76815 | |
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Registered User
Join Date: Jul 2012
Location: Legazpi / Taguig
Posts: 0
Likes (Received): 13
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Quote:
![]() favorite ride ko dyan ay iyan na garu dakulaon na swing chair. s
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LEGAZPI Bicolandia's MOST BEAUTIFUL CITY ONE of the WORLD'S BEST |
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#76816 | |
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Registered User
Join Date: Jan 2012
Posts: 3
Likes (Received): 0
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#76817 | |
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Icon Mayon
Join Date: Sep 2012
Posts: 214
Likes (Received): 205
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ABS-CBN rules 12 key TV areas nationwide
September 25, 2012 Quote:
Source: http://www.manilatimes.net/
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Legazpi: The Queen City of Bicol |
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#76818 | |
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Icon Mayon
Join Date: Sep 2012
Posts: 214
Likes (Received): 205
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Quote:
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Legazpi: The Queen City of Bicol |
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#76819 |
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Registered User
Join Date: May 2010
Posts: 0
Likes (Received): 0
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LIBON
![]() ![]() ![]() ![]() ![]() St. James Parish Church ![]() Allegorical statue in the church patio ![]()
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Magayon. Maogma. Masiram. It's more fun in ALBAY. Legazpi, Ligao & Tabaco Cities, and the Province of Albay (Skyscrapercity) | WOW Legazpi | Legazpi City (Facebook) |
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#76820 | |
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Registered User
Join Date: Nov 2008
Posts: 14
Likes (Received): 23
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Quote:
Don't worry dakul pa iyan. They are just holding on to it because as much as possible they want to sell house and lot packages because the profit is more than double compared to selling it as lot only. Except for its Pontefino project in Daang Hari, Alabang, Camella usually sell H and L packages. I think they are only in Phase 1 and that Legazpi project is more than 60 hectares. |
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