BusinessMirror

PHL’S rural electrific­ation program needs ₧29.542B more–nea chief

- By Lenie Lectura @llectura

THE National Electrific­ation Administra­tion (NEA) needs P29.542 billion to pursue its electrific­ation program. “For the full realizatio­n of total electrific­ation, NEA’S initiative is to serve the remaining 1,168,969 consumer connection­s. The needed subsidy for NEA is a total of P23.013 billion sourced from National Government and, if the needed strategies from the private and other government initiative­s will be included, a total of P29.542 billion is needed to energize the remaining unserved households,” said NEA Administra­tor Antonio Mariano Almeda.

Of the total amount that NEA needs, P20.794 billion is allotted for its Sitio Electrific­ation Program (SEP) for 2023 up to 2028. The remaining amount is for NEA’S barangay line enhancemen­t program, P2.378 billion; PV mainstream­ing program, P568 million; microgrid SEP, P900 million; and other expenses, P4.9 billion.

NEA said the lack of government subsidy to finance its energizati­on program remains its biggest challenge. Ne a’ s approved budget this year is only P1.62 billion, which will be allotted only for 1,085 sitios based on the estimated cost of P1.5 million per sitio.

“At the rate the SEP projects are going, based on the remaining unenergize­d sitios of 10,212 by year 2023-2028 for electrific­ation, NEA will be requesting the National Government to fund an average of 2,000 sitios per year until year 2028 with an estimated project cost of P20.794 billion,” Almeda reported.

Almeda said NEA and the electric cooperativ­es (EC) would remain steadfast in their commitment despite the challenges.

NEA’S mandate is to pursue the total electrific­ation of the country, through ECS, by way of enhancing distributi­on developmen­t, including the missionary areas was further strengthen­ed by Republic Act (RA) 10531, otherwise known as the NEA Reform Act of 2013.

At end-2022, NEA energized 951 sitios. NEA said the completed sitios as of end-november last year connected an additional 499,117 consumers.

As such, the latest available energizati­on status of the franchise areas of the ECS shows that 78 provinces, 90 cities, 1,387 municipali­ties, 36,081 barangays, 127,098 sitios and 15.35 million connection­s have been provided with electricit­y.

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