AP Renewables, Inc. (APRI) issued a third disconnection notice to Abra Electric Cooperative (ABRECO) due to outstanding financial obligations and failure to fulfill its commitment as part of a restructuring program. The disconnection will take effect at 12 noon on November 12, 2012.
In September 2012, APRI was scheduled to suspend the delivery of power to ABRECO after its payable reached 52 Million Pesos. The disconnection was averted due to the timely intercession of Gov. Eustaquio Bersamin and Cong. Jocelyn Bernos. ABRECO also committed to settle its financial obligations on time, provide fully funded check payments, and process its registration to the WESM. Unfortunately, all these have not been fulfilled.
“We are once again hoping that ABRECO will put the best interest of the consumers of Abra. We reiterate our desire to come up with a fair and reasonable resolution of this issue at the soonest possible time for the betterment and well being of the people of Abra,” APRI Senior Vice President Juan Alfonso said.
Willy A. Rodolfo
Manager, Branding and Communication
Original Press statement APRI’s Statement ABRECO Disconnection
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