2024 HYBRID SEQUENTIAL AGMA (DISTRICT MEETINGS) AND FRANCHISE-WIDE AGMA

Awarded with seven NEA awards just recently, Misamis Oriental-1 Rural Electric Service Cooperative, Inc. once again bagged six awards and 2 distinctions in Day 3 the recently concluded 2022 Annual General Membership Meeting of the Philippine Rural Electric Cooperatives Association, Inc. or PHILRECA from August 10 to 13, 2022 at the Iloilo Convention Center, Mandurriao, Iloilo City.

The Awards from the Wire has been a tradition every PHILRECA general membership assembly which celebrates electric cooperatives (ECs) nationwide and its other partners for their service to the Filipinos.

PHILRECA is celebrating its 43^rd Anniversary with the theme: “LEAVING NO ONE BEHIND: Achieving Total Electrification and Realizing Social Equitability thru Empowerment of the Rural Communities”

The awards and distinctions that were conferred to MORESCO-1 were the following:

BASTION OF EXCELLENCE AWARD – For being an EC with the lowest on-grid systems loss in its operations while in pursuit of total electrification and sustainable rural development notwithstanding all difficulties confronting the rural electrification movement.

PROMPT PAYOR AWARD – For its initiative to contribute in the prompt payments to its amortizations in the rural electrification program.

SILVER STELLAR AWARD – For attaining a high collection efficiency despite the constraint and restrictions. This achievement was reached with determination, perseverance and diligence, and resulted to the financial stability and sustainability of the electric cooperative.

SPECIAL CITATION FOR LAUDABLE COMMITMENT TO THE ADVOCACY AWARD – For being a model EC that has embodied a strong commitment to the goals of the rural electrification movement.

STRONG COMMITMENT TO THE BROTHERHOOD AWARD – For its unwavering support and upholding the true spirit of bayanihan, reflective of its philanthropic benevolence in assisting brother cooperatives through PHILRECA Task Force Kapatid, enabling them to rise again after the onslaught of natural calamities and be able to provide excellent service to the member-consumer-owners.

SUPREME ACHIEVEMENT AWARD –For being an on-grid electric cooperative with the lowest systems loss in Mindanao and for ensuring a reliable system in its operations while in pursuit of total electrification and sustainable rural development notwithstanding all difficulties confronting the rural electrification movement.

IRON PILLAR AWARD – For the active engagement and participation to the trainings, webinars and other activities of PHILRECA in the pursuit of Rural Electrification and Development amidst all challenges confronting the rural electrification movement.

LIMELIGHT AWARD – For being the front runner in the pursuit of total electrification and sustainable rural development notwithstanding all challenges confronting the rural electrification movement. With determination, perseverance and diligence, the Electric Cooperative was able to attain a high level of energization status in its coverage areas.

The premier electric cooperative in the country, MORESCO-1 together with the leadership of PHILRECA extend its gratitude to all the other delegates who attended PHILRECA’s Convention this year, to see each other, and celebrate its triumphs together, face-to-face, again. May we all continue to be the beacon of light to the communities, and member-consumer-owners we serve.

MAO KINI ANG ATONG “POWER RATES UPDATE” alang sa atong mga RESIDENTIAL CONSUMERS para sa Billing Month sa Hulyo 2022 —- Php13.4921/kWh.

Adunay pagsaka sa presyo sa kuryente balor ug Php0.0321 kada kWh tungod kay ang Generation Rate misaka usab. Sa samang bahin, tataw kayo nga naapektohan sa maong pagsaka ang nagpabilin nga galastohan (variable costs) sa Generation ug IPP suppliers tungud sa pagtaas sa fuel (coal ug diesel) nga mahimong sugnud sa pagmugna sa gahum sa elektrisidad.

Gusto natong ipahinumdom sa tanang mga MCOs nga ang taripa sa MORESCO-1 striktong ginapasubay ug gina-regulate sa Energy Regulatory Commission (ERC). Maong ang atuang Power Bill Computation naka-base sa mga balaud nga gina-pagawas sa ERC, kung diin:

1. GENERATION, TRANSMISSION ug GOVERNMENT CHARGES – Ihan-ay kini isip mga “Pass-Through Costs”. Tungod kay ang MORESCO-1 usa ka non-stock, non-profit, service oriented nga kooperatiba sa serbisyo sa kuryente, dili kita pwede magpa-tubo. Kung unsa gayud ang tinuod ug tataw nga palit sa pag-angkat sa kuryente gikan sa mga Power Generation Companies, mga gasto sa atong pag-gamit sa mga High Voltage Power Lines sa NGCP para maabot ang gipang-angkat nga kuryente ni MORESCO-1 sa iyang mga substations ug ang buluwisan sa kuryente, mao lamang sab ang sukton ug walay bisan pila ka sentimo nga nadugang.

2. DISTRIBUTION CHARGE – Kini mao ang galastohan sa pag-apud-apud sa kuryente nga mupa-ingon sa atuang MORESCO-1. Isip usa ka non-stock, non-profit, service oriented nga kooperatiba sa kuryente, ang taripa dili pwede magpa-ginansya, dapat igu lamang para sa atuang Operation, Maintenance ug Capital Expenditure Projects. Kini naka-basi sa ERC Rules for Setting Electric Cooperatives’ Wheeling Rates (RSEC-WR).

Kung tan-awon ang pag-taas sa taripa nga mukabat Php0.0321 kada kWh alang sa mga residential customers gi-detalye sa mosunod:

1) Generation Rate MITAAS balor ug Php0.1090/kWh

2) Transmission Rate MIUBOS balor ug Php0.0119/kWh

3) Systems Loss Rate MIUBOS balor ug Php0.0162/kWh

Mi’resulta sa atong effective residential consumer rate balor ug Php13.4921/kWh.

Samtang and Low Voltage adunay kinatibuk’ang pag-saka ug 0.0865 nga adunay effective rate balor ug Php12.6494/kWh samtang ang High Voltage adunay kinatibuk’ang pag-saka ug 0.0840 ug adunay effective rate balor ug Php11.8774/kWh.

ATONG MAKITA SA ATONG ELECTRIC BILL NGA ANG KAUSABAN SA ATUANG TARIPA SA KURYENTE SA MATAG BULAN GAAGAD LAMANG SA ACTUAL NGA KAUSABAN SA MGA PASS-TROUGH COSTS NGA GILANGKUBAN SA GENERATION, TRANSMISSION, UG GOVERNMENT CHARGES.

AMONG GISUKIP USAB ISIP INFOGRAPHICS MAO ANG MGA PAGPASABOT KABAHIN SA ATONG KASAMTANGANG PROBLEMA SA PRESYO SA FUEL (COAL UG DIESEL) UBAN ANG KINATIBUK-ANG PAG SAYSAY SA INDUSTRIYA SA GAHUM DAGITAB UG KURYENTE SA PILIPINAS.

SALAMAT SA INYONG MAKANUNAYON NGA SUPORTA, KA-MORESCO-1!

MORESCO 1 Congratulates its BOD President Nonito M. Labis for having been elected Member to the Board of Directors of the Rural Electrification Financing Corporation (REFC). Among the Directors of the REFC Board, only MORESCO-1 and ZAMSURECO are from Mindanao ECs. ZAMSURECO was represented by Jose Raul S. Saniel.

Conceived as an alternative financing source and service provider for the Philippine Electric Cooperatives (ECs) in the midst of a restructured and reformed electric power industry under the EPIRA Law (R.A. 9136), the Rural Electrification Financing Corporation (REFC) was created in year 2000 through a Memorandum of Agreement between NEA, PHILRECA and NRECA and the collaborative effort of pioneering EC leaders with various local and foreign institutions such as USAID & IFC.

REFC’s core function is to provide supplemental loans to its Member- ECs at the lowest possible lending rate in order for them to achieve their goals of providing service that is adequate, dependable and of high quality, it also allows them to leverage their equity capital to loans. In return, it can generate additional revenue and provide better service to its member consumers.

In the course of its business, it was realized that the member ECs need other related support services as well to further their operation in addition to their financing needs. Responding to their clamor, the REFC established a wholly-owned subsidiary, the Rural Electrification Trading Corporation (RETC) envisioned with a strategic business objective of expanding loan packages to its members-ECs, which will further be achieved through the provision of technology driven and cost effective materials, equipment, consulting and other services with financing support from REFC.

By providing the Philippine ECs with assured source of funds and aiming to become their preferred service provider, REFC and RETC commit together to help ECs’ attain progress. Both companies continue to be sensitive to the financial and related needs of their investor-ECs, and dealing with the projects of the ECs resulted into development of Individuals from among the Rural Electrification Sector with priceless expertise whether it be management, technical, financial and institutional concerns.