Zamboanga City Electric Cooperative said Wednesday it achieved an advanced B rating, signaling improved electricity distribution and governance, following the 2022 National Electrification Administration assessment.
Zamcelo said this is another milestone in its performance as it surpassed its previous rating in the annual assessment conducted by NEA. The NEA results were released two weeks ago.
The electric cooperative’s rating rose to B in 2022 from C in 2021, indicating improvements in the quality of electricity distribution in Zamboanga City and institutional management within the cooperative.
The NEA’s rating system is based on multiple criteria, including institutional-governance parameters, financial parameters, technical parameters, level of electrification and reportorial requirement.
Zamcelco said it had consistent improvements across these domains propelled the cooperative’s ascent to the B rating.
Zamcelco chief management officer Rommel Agan said the status improvement showed that the EC “is on the right track.”
“The steady improvements to our services tie back to our vision of being an invaluable partner of the local government to develop Zamboanga City into one of the country’s most economically-competitive cities. And of course, to empower the communities we serve,” Agan said.
The EC came under new management at the end of 2018 and since then, it made significant enhancements to its services, as reflected in the NEA’s ratings.
Zamcelco’s progress has been consistently positive from a rating of D in 2018 to C in 2019 and C again in 2021, culminating in the B rating in NEA’s 2022 assessment.
Zamcelco’s new management continued to uphold its commitment to superior service despite the rising electricity demand in Zamboanga City, which grew from 539,902,082 kilowatt-hours in 2018 to 609,425,759 kWh in 2022.
The joint venture of Crown Investment Holdings Inc. and Desco Inc., which won the P2.5-billion investor-manager contract bid in 2018, played a crucial role in spearheading the cooperative’s revival, and enabled Zamcelco to operate efficiently to distribute power to its 125,000 billed customers.
The EC recently launched“GetSET25 Zamboanga” campaign, seeking to meet rising demand for energy with stable electricity and economic rates for its consumers–and committed themselves to a deadline of 2025.
