By Dominic B. dela Cruz
Staff reporter
Dingras, Ilocos Norte—The National Electrification
Administration (NEA) gave the Ilocos Norte Electric Cooperative (INEC) the
highest classification in terms of performance with ‘Green’ for the last
quarter of 2014.
NEA classifies the
performance of electric cooperatives through color coding: ‘Green’ being the
highest followed by “Yellow-1”, “Yellow 2”, and “Red” being the lowest.
The color coding
classification is the latest system tool rating of NEA in assessing the
financial and operational performances of all the 121 electric cooperatives
(ECs) in the country.
The performance assessment
was based on good governance, leadership and management and the stakeholders.
One of the factors where INEC
improved was on the attendance of member-consumers in the 2014 Annual General
Membership Assembly (AGMA) which has exceeded the target of five percent of the
total member-consumers.
There were 15,651
member-consumers who have attended the sequential AGMA for 2014.
NEA report shows that of the
121 ECs in the country, about 47, or 39 percent, electric cooperatives got the
color green.
While the Yellow-1
classification has 50 ECs; Yellow-2, 13 ECs; and Red 11 ECs. All ratings were
given in the last quarter of last year.
INEC general manager Engr.
Felino Herbert P. Agdigos expressed his gratitude to all member-consumers who
continuously support the plans and programs of the cooperative for the past
year.
To be classified as color
‘Green’ is a manifestation that INEC is doing well based on its operations, Mr.
Agdigos added.
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