Power co-ops’ finances under close scrutiny

The National Electrification Administration (NEA) will focus on assessing the financial viability of 121 electric cooperatives nationwide to safeguard consumers’ interests. NEA administrator Antonio Mariano Almeda said financial management will make up a significant portion of the criteria in evaluating the performance of electric cooperatives moving forward. “Financial management, for me, will be a big … Continue reading Power co-ops’ finances under close scrutiny