Akelco holds 34th membership assembly

BY BOY RYAN B. ZABAL

Electric member-consumers will have the opportunity to discuss and highlight the challenges and achievements of Aklan Electric Cooperative or Akelco during the annual general membership assembly (AGMA) on July 15.

                                                       PHOTO AKELCO

The activity will be held at Gov. Augusto B. Legaspi Sports and Cultural Center in Kalibo, Aklan at 1 p.m. with the theme “Strengthening Akelco amidst continuing challenges.”

Sultan Ashary Maongco, general manager of Lanao Sur Electric Cooperative, Inc. (Lasureco) in Marawi City (Autonomous Region in Muslim Mindanao) is the guest speaker of the 34th AGMA. The US-trained electrical engineer is credited for revitalizing one of the worst electric cooperatives in the country and for his exemplary governance of Lasureco from 2007 to present. 

The technical, institutional and financial reports and the development plans of Akelco to address adequacy, reliability and efficiency of power will be presented also to member-consumers.

Akelco is the sole power distributor serving more than 100,000 consumers in the province of Aklan, Boracay Island and two towns of Pandan and Libertad in Antique. It is classified as “Class A+” cooperative and led by its board of directors president Wayne Malilay and general manager Engr. Alexis Regalado.

For more than 30 years, Akelco remains a non-stock non-profit electric cooperative after a referendum in 2015 under the National Electrification Administration (NEA).

According to December 31, 2016 NEA data on status of energization, Akelco has accomplished 98 percent or 128,669 of its 131,600 potential connections in 379 barangays, which was funded by government subsidy through the NEA Sitio Electrification Program and Barangay Line Enhancement Program.

The article was originally published by independent online blog Aklan Forum Journal. The unrestricted use in print or radio, publication and distribution of articles are allowed provided the original author and Aklan Forum Journal are credited.