It has come to a point that the ABRECO issue is like beating a dead horse. It doesn’t matter how much you want to continue it is not going to get us anywhere.
Just today, Sanguniang Panlalawigan (SP) convened a special session and invited ABRECO officials (sans the General Manager) for inquiry (in aid of legislation) about the ongoing problem of the Cooperative.
I would think by now, Abrenians would rather spend their time with their famly as we are just two days away from Christmas. But if you’re one of those people who have nothing better to do, go listen to the webcast from http://www.yaraworx.com/tingguian/viewpage.php?page_id=52 (it’s 72:28 minutes runtime)
And I had some time to waste so here’s some highlights:
Most important point: ABRECO cannot meet the payment set by Aboitiz on Dec. 24. ABRECO is short by P5 Million. Therefore there’s a possibility that power will be cut-off on Dec. 27. Even with 100% collection rate and eliminate temporary workers, ABRECO is still short of paying their monthly obligations.
– ABRECO has to much employees. Salaries and Wages alone amount to P4.2 Million. Asked what they are doing with this. Management has eliminated (as of Dec.17) all casual employees. This will reduce their payroll by P400,000. there’s currently 373 employees.
– Asked why ABRECO is in deep trouble and what’s their solution? One ABRECO employee (didn’t catch his name) started talking about replacing outdated posts, replace overloaded transformers which I think doesn’t make any sense. Eldrino Reyes explained that the power disruptions was never an issue when ABRECO was under the NAPOCOR. NAPOCOR was more lax as far as payments. The problem started when Suppliers were transferred to Private Corporations where the rules were more strict.
– ABRECO admitted that they are shopping for a new supplier. Hopefully (barbareng koma) this new supplier will be less stricter than Aboitiz.
– An SP member informed the session that the SP has the power to provide funds to ABRECO according to the local government code. But the idea is not sustainable and would result to public outcry because it may affect other government project.
– Pura Sumangil pointed the obvious problem of to much expense and not enough revenue.
— Carmelita Bersalona echoed Ms. Sumangil’s concern. She also pointed out that Abra has the highest power rate in Luzon (more than P10/kilowatt higher). She questions the delay why The Board has not acted on their request for a Special General Assembly despite getting 10% (4,000+ ) signatures from memeber.
– BOD Chairman David Guzman reason out that the BOD has not acted on the request for GA because they need more time to prepare. They also think that alot of Local Officials are not available to join the meeting. He indicated that the earliest they can have the GA is February or March 2013.
– It’s confirmed Cong. Joy Bernos put up $4.9 Million to reconnect the power supply on Dec. 11. ABRECO confirmed it was a loan. “Ngem awan sa ti interest na”.
– The session was presided by Vice Gov. Rolando Somera. GM Seares did not attend the session. SP members seems to be very careful in asking direct questions and instead going around the bush at times.
There you go folks! I hope I didn’t ruin your preparation for Christmas.