The country’s premier electric cooperative, MORESCO-1 once again proved operational excellence in 2023 through the number of awards it received during the Joint Ceremony for the 2024 NEA Lumens Awards and PHILRECA Awards from the Wires at Philippine International Convention Center, Pasay City.
MORESCO-1 bagged seven (7) awards and distinctions from NEA’s 2024 Lumens Awards, while it garnered fifteen (15) awards and citations from PHILRECA’s Awards from the Wires.
NEA’S 2024 LUMENS AWARDS
- LUMENS AWARD FOR HIGHEST AMORTIZATION PAYMENT as Mega Large EC — For having remitted the highest amortization payment to NEA and consistently paying its financial obligations on time.
- LUMENS AWARD FOR EC WITH FULLY LIQUIDATED SUBSIDY FUND – For timely submission of complete documentary requirement in the liquidation of government subsidy funds thereby ensuring compliance to good governance and sound fiscal management.
- LUMENS AWARD FOR EC WITH HIGH AGMA ATTENDANCE- For promoting wider participation and active involvement of the member-consumer-owners (MCOs) in the affairs and decision-making process of the electric cooperative towards institutional strengthening.
- LUMENS AWARD FOR EC WITH REMARKABLE CORPORATE AND COMMUNITY PROGRAMS – For developing remarkable and innovative strategies in addressing the needs of the employees and empowerment of MCOs towards socio-economic development.
- LUMENS AWARD FOR EC WITH ISO CERTIFICATION AWARD– For ensuring an effective management systems and procedures in providing the best quality service to stakeholders aligned with international standards towards becoming a globally competitive electric distribution utility.
- SINGLE DIGIT FEEDER LOSS AWARD – For having attained a single digit feeder loss thereby contributing to the collective commitment of NEA and ECs to further improve service efficiency and reduce power rates.
- TOP PERFORMING ELECTRIC COOPERATIVE AWARD – For attaining “AAA” rating in year 2023 overall performance assessment having complied with operational standards and parameters.
PHILRECA’S 2024 AWARDS FROM THE WIRES
- Bringing it Beyond Award. For establishing a Training and Assessment Center tht will promotes continuous capacity building of EC employees and advocates of the rural electrification sector.
- Key Contributor Award. For its timely and efficient submission of reports, responses to surveys, and other compliance to PHILRECA in pursuit of the sector’s goals and advocacies for the ECs and MCOs. Its contribution and active cooperation have provided PHILRECA with valuable insights and information that are vital in its creation of position papers and comments on issues concerning the welfare of the ECs and MCOs.
- MCO Champion Award – For having organized its MCOs at the barangay level and for empowering the MCOs of MORESCO-1 to become advocates of the rural electrification movement.
- Outstanding Performance Award – For attaining a single-digit on-grid system loss in its operations while in pursuit of total electrification and sustainable rural development notwithstanding all difficulties confronting the rural electrification movement.
- Outstanding Radio Program Excellence Award In recognition fo the efforts to establish a radio program that exemplifies commitment to community service, genuine and accurate news and information.
- State-of-the-Art Workplace Award — For maintaining a model workplace conducive for the optimal performance of its staff and personnel as they pursue the goals of the rural electrification movement.
- Team Awesome Award – For extending its full support to the movement and for joining the celebration and commemoration of the achievements of the rural electrification movement.
- Unparallelled Service Award . — For ensuring that EC employees are responsive and efficient handling EC-related concerns through the operationalization of the 24/7 customer service to member-consumer-owners.
- Bastion of Excellence Award — For being an EC with the lowest on-grid systems loss in its operations while pursuing total electrification and sustainable rural development notwithstanding all difficulties confronting the rural electrification movement.
- Gold Stellar Award – For attaining a commendable collection efficiency despite constraints and restrictions. This achievement was reached with determination, perseverance, and diligence, and resulted to the financial stability and sustainability of the electric cooperative.
- MCO Prime Participation Award – For conducting the Annual General Membership Assembly. Because of its perseverance and determination, the electric cooperative was able to gather at least 10% attendance of the toal billed member-consumer-owners.
- Prompt Payor Award – For committing itself to timely and efficient settlement of its annual dues as a member EC of PHILRECA. Its determination to settle its financial obligations as a member EC has contributed to PHILRECA’s outstanding collection efficiency.
- Quality Innovator Award – For its commitment to the highest standard of management as pioneer in ISO 9001:2015 Certification for Quality Management System.
- 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 pursuing total electrification and sustainable rural development notwithstanding all the difficulties confronting the rural electrification movement.
- BRIGHT BEGINNING AWARD – For a merit performance in the pursuit of total electrification and sustainable rural development during the extraordinary ties notwithstanding all difficulties confronting the rural electrification movement. With determination, perseverance, and diligence, the Electric Cooperative was able to surpass challenges and excellently attained their goals for the member-consumer-owners.
