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SEVENTH MONTHLY MEETING FOR 2024 OF MANAGERS, SUPERVISORS AND SECTION HEADS WITH ACTING GENERAL MANAGER

Published: August 28, 2024

August 27, 2024, Tuesday

The meeting was convened to discuss matters that are critical in CAPELCO’s operation especially those that directly affecting the member-consumer-owners (MCOs). Acting General Manager Engr. Edgar D. Diaz stressed the value of working together to address recurring issues and to collectively focus on the core business of the Cooperative. He narrated how the power rates recently spiked due to the charges of line rental which greatly affected MCOs to which CAPELCO has no control about it.
Among those discussed is the recently adopted Retirement Plan consistent with the recently-issued NEA Memorandum No. 2024-25. AGM Diaz also outlined the concerns in the Technical, Financial and Institutional and Audit concerns in the operation of CAPELCO and gathered suggestions on how to collectively address them.

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