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Thursday, March 28, 2024

Power co-op shuts down operations

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Datu Odin Sinsuat, Maguindanao—The Maguindanao Electric Cooperative has warned anew of a “Black Monday”—a massive power outage on Dec. 9—to put pressure on its delinquent clients and ensure a 70-percent success level in billing them.

Magelco general manager Sultan Ashary Maongco said the power cooperative will switch off its transformers for a 24-hour “Black Monday” amid the growing number of its non-paying consumers.

He said this has severely affected its P1-billion credit standing with the Power Sector Assets, Liabilities Management Corp.

“[Magelco] will be under such situation of extreme compulsion by circumstances of sheer economic pressure to shut down Maguindanao power transformers that bring current for household lights and appliances, as well as industrial shops and public and private offices and schools,” he said.

“Until payments compliance shall have reached 70 percent of the connected consumers, by either full payment or restructured payment scheme, it is much to my regret that we can not reconnect the household power distribution systems until then,” Maongco added.

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Maongco said in the past, PSALM gave Magelco a measly 2.75 megawatts in monthly power supply for distribution.

This, he said, prompted him to negotiate with PSALM to open up an increase in power supply for Maguindanao consumers that was granted in 2015.

Magelco’s power supply distribution has since improved to 24 MW a month.

“We need to spare a lot of our financial resources to servicing a total of P1 million in accumulated debts for PSALM and P123 million more for the National Grid Corporation of the Philippines,” he added.

Magelco had commissioned two transformer-substations in 2019 to boost power distribution and do away with rotational brownouts.

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