BACOLOD City – The congressional committee on legislative franchises gave its preliminary nod to the franchise proposal of Negros Electric and Power Corporation (NEPC), in a pivotal session held on Nov. 13 at the Mitra Building of the Batasan Complex in Quezon City.
This landmark decision follows a comprehensive review of the initiative presented by four Negrense lawmakers – Cong. Juliet Marie Ferrer (4th District), Cong. Francisco Benitez (3rd District), Cong. Greg Gasataya (Bacolod Lone District), and Abang Lingkod party-list’s Cong. Stephen Paduano.
Chaired by Cong. Gus Tambunting, the committee engaged in robust discussions about House Bill (HB) 9310, which outlines the transfer of the franchise from the beleaguered Central Negros Electric Cooperative (CENECO) to NEPC.
The scope of the franchise encompasses the cities of Bacolod, Bago, Silay, and Talisay, along with the municipalities of Murcia and Don Salvador Benedicto.
During the deliberations, the Negrense representatives passionately underscored the urgency of NEPC’s intervention, citing the financial struggles faced by CENECO. These challenges stem from a shortage of capital expenditures crucial for the modernization of existing facilities.
Noteworthy figures from both NEPC and CENECO, along with representatives from the National Electrification Administration (NEA), Energy Regulatory Commission (ERC), and Securities and Exchange Commission (SEC), were present at the hearing, reflecting the gravity of the decision.
A focal point of the discussions was the joint venture agreement (JVA), emphasizing the conduct and outcome of its ratification through a plebiscite. Majority of consumers cast their votes in favor of the JVA, further solidifying the rationale behind the transition.
In a resolute conclusion, the committee approved, in principle, the proposed house bill. However, this approval is contingent upon the submission of specific documentary requirements.
NEPC president Roel Castro said they would submit the documents and answer in writing the issues raised by some committee members.
The move signifies a critical juncture in reshaping the energy landscape in Central Negros, with NEPC poised to play a transformative role in the area’s electric distribution service.
On the other hand, Bacolod City’s Mayor Alfredo Abelardo Benitez appeals to Congress for a speedy approval of HB 9310 by this year so that we can move forward.
“Dalian nila kag tapuson this year so that we can move forward. We’re hoping for better service kay hambal nila sa akon they will promote green power. We are looking at Bacolod to be fully renewable in source of power,” said Benitez./PN
