Leyte power coop gets fresh franchise
August 25, 2024
TACLOBAN CITY—The largest power utility in Eastern Visayas with over 81,000 member-consumers has received a new franchise. The Leyte II Electric Cooperative (Leyeco II) became the first electric cooperative in the country to have its franchise renewed by the current Congress, with President Marcos signing on Aug. 9 Republic Act No. 12017, granting the cooperative a franchise for the next 25 years, its third 25-year franchise renewal.
Leyeco II general manager Fernan Paul Tan said they began working on their renewal application in 2017 to continue servicing Tacloban City and the towns of Palo and Babatngon. More than 40 electric cooperatives nationwide are also seeking franchise renewals in Congress, Tan said. —JOEY GABIETA
