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ABRECO: “Abra out of the dark”; Not so fast says APRI

The scene is eerie. Reminds us how it was decades ago when there was no electricity to depend upon.

(file photo) The scene is eerie. Reminds us how it was decades ago when there was no electricity to depend upon.

You think that the political turmoil, illegal drugs and the killings is enough as it is to Abrenians, here’s comes another nail in the coffin. How much more misery Abrenians can take?

In an email message to abrenian.com, AP Renewables Inc. (APRI) has terminated its amended Power Supply Agreement (PSA) with the Abra Electric Cooperative (ABRECO).

APRI issued the termination notice last November 4, 2014, citing the cooperative’s consistent failure to settle its payments and failure to fulfill its commitments. ABRECO will be disconnected from APRI at 12
noon on November 17, 2014.

APRI and ABRECO first entered a PSA in December 2011. From the onset and for the duration of the original agreement, ABRECO was remiss in meeting its obligations.

ABRECO was unable to pay its bills properly – with instances of incomplete or missed payments, and bouncing checks. Other commitments that include posting of Security Deposit and enrollment in the Wholesale Electricity Spot Market (WESM) were also not realized (abrenian.com)

You can download the entire statement from here: Advisory on Abreco PSA termination 2014

UPDATE: Abra Goes Back In Total Darkness

By Artemio A. Dumlao

La Trinidad, Benguet (November 14, 2014) – Abra province goes back in total darkness starting noon Monday (November 17) as its power supplier, private independent power producer –Aboitiz Power Renewables Inc. (APRI), has terminated its amended Power Supply Agreement (PSA) with the distributor Abra Electric Cooperative (Abreco).

APRI handed out its termination notice to Abreco on November 4, 2014, citing the cooperative’s alleged consistent failure to settle its payments and failure to fulfill its commitments.

But Abreco, still reeling from the onslaught of the twin typhoons Luis and Mario that ravaged Northern Luzon in October said, it is seeking the National Electrification Administration (NEA) and the Energy department’s aid to intercede in the name of its thousands of consumers. “We will pay it but we are asking the supplier if we could pay it in trances or on a graduated basis, Abreco general manager Loreto Seares Jr. said.

Abra was declared in a state of calamity after typhoon Mario that devastated the province’s economy.

The power cooperative said it suffered very costly damages of power lines at more than P16 million. At least 24 kilometers of power distribution lines were reported damaged, 150 electric poles felled, and other equipment like transformers, kilowatt hour meters, conductors insulators and line devices destroyed. Replacements of these came from suppliers who collected on cash basis, depleting Abreco’s finances, explained Seares Jr., adding, “it was a decision we had to make in the name of the cooperative’s 30,000 consumers to have power after the twin typhoons.”

After typhoon Luis and Mario, Abreco fully restored electric in all 27 Abra towns.

But still APRI which first entered a power supply agreement wit Abreco in December 2011 insists, “from the onset and for the
 duration of the original agreement, Abreco was re miss in meeting its obligations,” citing the cooperarive “was unable to pay its bills properly with instances of incomplete or missed
 payments, and bouncing checks.” If further added that other commitments by Abreco that include 
posting of Security Deposit and enrollment in the Wholesale Electricity Spot Market (WESM) were also not realized.

APRI even agreed to restructure Abreco’s payables, to 
immediately credit the rate adjustment difference and to reschedule the posting of
the required security deposit to assist the cooperative. But still, the power supplier believed, “Abreco continued to be delinquent in its
 contractual obligations.”

APRI said it issued a total of six
 disconnection notices to Abreco, but actual disconnection took effect last December 10, 2012, though power was restored after the cooperative promised to settle its commitments.

Via the intercession of the energy department and local government officials, APRI entered into an amended PSA with Abreco on February 4, 2013 that required Abreco to pay its electricity fees every 18th, 22nd, 26th, 
and on the 30th with no balance payable by month end. The cooperative was 
also required to file the PSA with the ERC, apply for direct WESM membership
 and post a 2-month Security Deposit.

But Abreco failed to comply, Martin Yasay, 
Assistant Vice President for Legal and External Affairs said as he explained that APRI, in its desire to
 support Abra, amended the PSA to extend all possible assistance to Abreco 
in its recovery which included the proposal for staggered payments on its monthly bill.

Still Abreco, APRI claimed, failed to comply. “We are concerned that Abreco’s non observance of its contractual
 obligations will affect APRI’s capability to effectively serve its other customers
,” Yasay said.

APRI operates the Tiwi Makban geothermal power plants in Batangas, Laguna and
 Albay.

But Abreco’s Seares Jr. said while much was done and continues to be undertaken with the power cooperative’s internal financial rehabilitation, they are
“determined to hurdle all this by continuing to institute internal reforms they have started since last year, in the name of the consumers and the economy of Abra”.

Abreco, while claiming it only has some P10 million more from its P16 million obligation to APRI, is now exploring remedies while priming on maintaining power at the electric lines in all 303 barangays in the province.***Artemio A. Dumlao***

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About SysOp

Chief Architect of abrenian.com

Discussion

63 thoughts on “ABRECO: “Abra out of the dark”; Not so fast says APRI

  1. Abreco was able to reverse it financial deficit from an
    average net loss of P4.9 million monthly pre-
    rehabilitation status, general manager Loreto Seares Jr.
    said.

    Now, the power cooperative has an average net income
    of P238,000 per month.

    Government and private sector cooperation and support
    is still a factor to consider in order to maintain and
    improve further the cooperative, explained Seares Jr.,
    while citing efforts by Abra rep. Ma. Jocelyn Bernos who
    is closely working and supporting Abreco in its desire to
    implement the much needed rural electrification program
    of the cooperative.

    “The support of President Benigno Aquino III, Energy
    Secretary Carlos Petilla, PSALM, Aboitiz, the NGCP, NEA
    and “inspired us to reach our goals as stated in the
    rehabilitation plan of the cooperative,” Seares said.

    Posted by poorman | November 12, 2014, 10:37 pm
  2. This is just a malicious press release. Abreco has been stable in terms of profitability. This is not good, polluting the minds of abrenians and maligning the good name of the honorable GM. There is no truth about november 17 disconnection.

    Posted by anonymous | November 12, 2014, 10:58 pm
    • tagari ka man switik!

      Posted by nganga | November 12, 2014, 11:40 pm
    • What malicious press released? Before u post any statement miss comli make sure to know the truth of the matter so u will not be suspected of covering such corrupt practice……any monetary or emotional interest that made u such statement madam? Ur such a protector of gm seares since then…….

      Posted by Kuriro bangar | November 13, 2014, 7:29 pm
      • jUST WONDERING HOW CAN SOMEONE POST UNDER MY NAME WITHOUT KNOWING MY PASSWORD?

        THE ABOVE POSTINGS ARE NOT FROM ME. I HAVE NOT BEEN IN ABRENIAN.COM FOR A YEAR NOW. I DO FACEBOOK, YES BUT NOT TO ABRENIAN.COM COZ I DO NOT HAVE WI-FI & SIGNALS WHERE I MOVED AFTER MY DAUGHTER SOLD OUR CONDO LAST DECEMBER.

        SORRY, BUT WHOEVER IS DOING THIS BETTER BE CAREFUL.

        TO SYSOP:

        How is this happening? This is not only the first time.

        I’d appreciate it if you can catch who is doing this?

        I don’t like everyone “treating my name like dirt” just because someone is using my name WITHOUT MY KNOWLEDGE.

        This is totally uncalled for.

        COT

        Posted by comli2013 | November 14, 2014, 4:38 pm
        • My apologies, Madam Omli. I have no way of knowing if your name was used by people who are obviously so desperate in defending Loreto Seares, Jr. I, therefore, direct my previous post to the impostor who now has been stated as anonymous. Loreto Seares, Jr., there are only two kinds of leader: one who is into results and another one who is into reasons. You definitely belong to the second category. Please don’t give me the lame excuse that Abreco spent so much to repair the damage wrought by storm “Mario”. In any organization, there is such a thing as contingency fund. If the management of ABRECO does not understand that, they have no right to stay at the helm a minute longer. The blame for all this mess go to the personalities behind the appointment of Loreto Seares, Jr. as manager of ABRECO. James Bragas must be turning in his grave. God bless his soul. He literally gave his life so Jun Seares could be appointed manager but look at the mess the latter has done. Unless and until the personalities involved in the mismanagement and plunder of ABRECO funds are jailed, we will have to endure a roller-coaster ride – light, darkness, light, darkness forever.

          Posted by Pedro Abreno | November 15, 2014, 4:01 pm
      • Sorry to disappoint you dear friends. THERE WILL BE NO DISCONNECTION ON NOVEMBER 17. DOE Sec Petilla is in our side.

        Posted by anon | November 16, 2014, 12:14 am
        • Good job GM

          Posted by comli2013 | November 16, 2014, 1:01 am
        • Until when ANON? A special audit of the finances of ABRECO is in order. Why is the ABRECO GM so afraid of facing the member consumers? This is like a nightmare repeatedly coming back. By the way, ask the GM to borrow money again because you were given only one day to produce over 13M PHP. And while you’re at it, tell him and his cohorts in ABRECO to live within their means.

          Posted by Pedro Abreno | November 16, 2014, 3:09 pm
  3. NO AGPAYYSO MAN DAYYTOYY A DAMAG APO, HAAN TO MET LAENG A MATULOYY TA ADDA NI CONG JOYY BERNOS NGA TUMULONG. HAAN TAYYO NGA AGDANAG!

    Posted by lubnak | November 12, 2014, 11:14 pm
  4. The reference/apri statement is datedated 2012

    Posted by 2012 | November 13, 2014, 12:16 am
    • sorry I uploaded the wrong file. it has been updated. please follow the link.

      Posted by SysOp | November 13, 2014, 12:24 am
      • Advisory
        :
        APRI terminates PSA with ABRECO
        AP Renewables Inc. (APRI) terminated its amended Power Supply Agreement (PSA) withthe Abra Electric Cooperative (ABRECO)APRI issued the termination notice last November 4, 2014, citing the cooperative’s consistent failure to settle its payments and failure to fulfill its commitments. ABRECO
        will be disconnected from APRI at 12 noon on November 17, 2014.
        APRI and ABRECO first entered a PSA in December 2011. From the onset and for the
        duration of the original agreement ABRECO was re miss in meeting its obligations.
        ABRECO was unable to pay its bills properly with instances of incomplete or missed
        payments, and bouncing checks Other commitments that include
        posting of Security Deposit and enrollment in the Wholesale Electricity Spot Market (WESM) were also not realized. To assist the cooperative, APRI agreed to restructure Abreco’s payables, to
        immediately credit the rate adjustment difference and to reschedule the posting of
        the required security deposit.
        However, ABRECO continued to be delinquent in its
        contractual obligations. Because of these, APRI was forced to issue a total of six
        disconnection notices to ABRECO.
        A disconnection took effect last December 10 2012, but power was restored after the cooperative promised to settle its commitments.Following an intervention by the Department of Energyand key local government officials, APRI entered into an amended PSA with ABRECO on February 4, 2013.
        Under this amended PSA, ABRECO was required to pay its electricity fees every 18th22nd26th
        and on the 30thwith no balance payable by month end. ABRECO was
        likewise required to file the PSA with the ERC, apply for direct WESM membership
        and post a 2 month Security Deposit. Assuming compliance to such, the PS
        A was automatically renewed on a month to month basis. Despite these definitive
        agreements, ABRECO again failed to comply.Martin Yasay,
        AVP for Legal and External Affairs, explained thatAPRI, in its desire to
        support the province of Abra, amended the PSA to extend all possible assistance to ABRECO
        in its recovery which included the proposal for staggered payments on its monthlybill
        Despite these definitive agreements, ABRECO has yet again failed to comply.
        We are concerned that ABRECO’s non observance of its contractual
        obligations will affect APRI’s capability to effectively serve its other customers
        APRI operates the Tiwi Makban geothermal power plants in Batangas, Laguna and
        Albay. It supplies one hundred percent of the power needs of
        ABRECO which serves the whole province of Abra

        Posted by PALILENG | November 13, 2014, 1:14 am
  5. MANU AYYA TI USTO NGA UTANG TI ABRECO APO? APAYY NGA ADDA UTANG TAYYO? SINO NGARUD TI MANGBAYYAD? DATAYYO KADI NGA NANUMO A CONSUMERS?

    Posted by LUBNAK | November 13, 2014, 12:53 am
  6. AYSUS AWAN MAN KORYENTE INTO NO NOV.17 NEN APO KOLIGLIG INKA MAN IRWAREN A DIAY NABATI NGA KALAMITY FUND NEN

    Posted by PALILENG | November 13, 2014, 1:18 am
  7. Fisnogek to pay ta ngiw ngiw mo Koliglig ag loan manen toy Probinsian ag resign ka nga gobernadorer TAKKI ka la nga agpaysu

    Posted by kawayan | November 13, 2014, 1:31 am
  8. ayan na ni Maxi ta pagtim ogen kayla nga duwan…diaske ka nga KOLIGLIG awan pay di na laing buwisit awan a ti paki alam mo loko ta adda generator ta balay mo kin nam..agsarita ka loan anya daytoy talaga met nga iroromen yo ti tattaon

    Posted by Wasay | November 13, 2014, 1:45 am
    • TALNA KA MAN MET A WASAY NO DI KAY MET NGA AGBAYBAYAD TI KORYENTE YO APO ANYA NGARUD NGA DITAY PAPOKDAN TI KORYENTE TAYO
      PANGA LAAN TAY NGARUD NO DITAY AG LOAN TI BANKO APO

      Posted by MAXI | November 13, 2014, 2:07 am
      • Popoy depend ur boss koliglig agloan kano manen palibhasa isu ubra na idi jy america agloan ken advance na sahod para plete na no agawud pinas.

        Posted by eric shawn | November 13, 2014, 2:15 am
        • baka maysa kapay ERIC SHAWN NGA DI PAY AGBAYBAYAD TI KORYENTE NA DITA ABRECO HAHAHA
          DETOY LA TI PAGBILIBAK KEN BOSSING KOLIGLIG TA VERY RELAX LATTA URAY ADDA KEDDENG TI KAADDA TI KORYENTE TAYON ISEM LATTA NGA ISEM RELAX LANG KAYO KONA NA LAENG KASTA A TI GOBERNADOR SAAN NGA AG PANIK A KAS KOMA KENNI KABAGYAN NI BAKET NA NGA BEEP BEEP HEHEHE

          Posted by POPOY | November 13, 2014, 4:19 am
        • nya baka di mo ammo no kasatno agsangit idi ni takit ti loppo ni martin no agpaarayat kada agpulong

          Posted by eric shawn | November 13, 2014, 6:39 am
  9. NANGIPANAN YO APO TAY IBAYBAYAD MI TA ABRECO NEYTADI YON SA METTEN AMINEN APO KOLIGLIG

    Posted by MANSANAS | November 13, 2014, 2:14 am
  10. awan kano met ti agbaybayad ti koryent bayadan tay to e tayo ngamin
    no agloan da apo koliglig nasaysayaaten a ngem tay awan silaw tay nga ag paskuan
    anaya payen

    Posted by PAGSILAWAN | November 13, 2014, 2:29 am
    • wen met a apo pagsilawan addan sa pay met bassit a nabati tay kalamity fund ken ag loan kan ni bossing koliglig tapno malitopan tay utang ti ABRECO ADDO MET NGAMIN TI SAAN PAY A NAKABAYAD TI KORYENTE NA

      Posted by POPOY | November 13, 2014, 4:38 am
  11. pouran yo lat dayta nga abrecon ta awan met pagsaya-atan tayo?

    Posted by Tindera | November 13, 2014, 10:10 am
  12. Nya aya parikot yo nasaysayaat nu Awan kuryente tayo tapnu Awan bayadan tayo, kasdjay Lang ka simple nakung.

    Posted by Taks | November 13, 2014, 1:27 pm
  13. Pumigsa man tay negosyok nga GENSET ten….saan kau umay makibibiang seares boys ken inlaws ta nga mabangkrap toy negosyok hehehe

    Posted by Kuriro bangar | November 13, 2014, 5:10 pm
  14. Sino met jay nainterview jay dzpa nga representative t abreco nga puro YA…YA…YA t sungbat na saan met nga us usto t saw sawenna….ayanna jay 300 plus million nga capital shares nga binaybayadan dagiti member consumers t las od t mano nga bulan? No ta lang 20 M nga damages t typhoon mario ken dadduma nga losses da nagdaras koma nga marisut ngem awan sa met jay CAPITAL SHARE nga maited ken pakinabangan koma payen t dividendo dagiti member consumers. Maam dymphna seares nagdakkel ta balay u ta likod t adtemco jay zone 4 bangued……

    Posted by Kuriro bangar | November 13, 2014, 5:38 pm
  15. hn da agbay2ad aa urayen da madillaw. sadan to agpabilib sin1an suda t mangbayad ury kwartan to mt lng umili ibayad da sal it nga politiko gta.. d plng maatake! haha

    Posted by kurakot-tot | November 13, 2014, 8:37 pm
  16. ha ha ha

    Posted by julens | November 14, 2014, 5:27 am
  17. Why are you angry miss omli? Anybody can use the name “comli2013” in this website and I think no law is violated. That is the disadvantage of using real name here because registration and password are not required. Anyway, you have been vocal in protecting the GM, so let it be.

    May we hear from you if you run for a public position in 2016? If yes, my vote goes to you madam..

    Posted by LUBNAK | November 14, 2014, 5:17 pm
  18. Why are you angry miss omli? Anybody can use the name “comli2013” in this website and I think no law is violated. That is the disadvantage of using real name here because registration and password are not required. Anyway, you have been vocal in protecting the GM, so let it be.

    May we hear from you if you run for a public position in 2016? If yes, my vote goes to you madam..

    Posted by LUNANG | November 14, 2014, 5:17 pm
  19. mai mo a kayat eric shawn nga awan koryente ta saan kan a nga makabasa tay magazine mo nga tik tik ken agbayad kanto ngamin ti koryente mon ikkatem kadi ta jumper mo ti koryente ket mayramraman da taon nga agbaybayad ta kina sweetik mon.ni madam omlyi ti umaykan mang singir kenkan hudas

    Posted by kawitan | November 14, 2014, 10:25 pm
  20. apay agpayso talaga aya? tssss. kababain tay manen ah…

    Posted by disipulo ni rizal | November 15, 2014, 2:37 am
  21. Anyone of you here who wish to purchase a generator set, dont hesitate to place ur orders here……latest update on abrecos disconnection seemed we will be experiencing longer days if not weeks without electricity…..what do u think people, do we still permit the gm a third chance?

    Posted by Kuriro bangar | November 15, 2014, 3:35 am
  22. saan met a calamity ti panna kaputed kuryente tayo. imbulsa da met saan nga mabalin nga calamity fund ti para bayad manen.. ti paga ammuk ket naturasl calamities lng ti mabalin nga paka usaran ti calamity fund. aramiden dan to latta ah ti agibulsa ta kanayon met nga anaken da ni GM. ti kasayaatan ket sabali nga administation ti ABRECO..

    Posted by kiddo | November 16, 2014, 12:38 am
  23. Takit manen? bsta met agcomment ka, takit latta met. amin nga discussion takit latta t inka salsalasawen. makauma payen

    Posted by joy | November 16, 2014, 6:14 am
  24. maysa pay kano nga aldaw nov 18 no dida payla makabayad toy abreco awan to ti koryente tayo kanon..poro kano..saan sa met nga husto daytoy in post ni sysop ara aramid nala nga detoy ayat nala nga adda may post na no di ketdi maysa met nga cheezmozzo a kas kenni eric shawn agkanagnagan dala nga agpaysu dagitoy dowa nga pilosopo

    Posted by miyerkoles | November 16, 2014, 5:58 pm

Trackbacks/Pingbacks

  1. Pingback: UPDATE: ABRECO to live another day | abrenian.com - November 16, 2014

  2. Pingback: Breaking News: Abra power supply now a day to day saga | abrenian.com - November 17, 2014

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