NEA affirms ZAMCELCO’s EC rating improvement

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The Zamboanga City Electric Cooperative (ZAMCELCO) showed improvement in its overall performance in 2022 as it achieved B rating from C in 2021.

The electric cooperative (EC) said on Wednesday it received from the National Electrification Administration (NEA) the latest annual assessment conducted on all ECs.

The NEA’s rating system is based on multiple criteria, including institutional-governance parameters, financial parameters, technical parameters, level of electrification, and reportorial requirement. ZAMCELCO’s consistent improvements across these domains propelled the cooperative’s ascent to the B rating.

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