FLECO

The First Laguna Electric Cooperative, Inc. (FLECO) was incorporated and registered with the National Electrification Administration (NEA) on April 3, 1973 under Presidential Decree 269. The operation of FLECO commenced on September 1, 1973 when it took over seven (7) private electric franchises and municipal systems, namely: Siniloan Electric which covered the towns of Siniloan, Pangil, Pakil, Mabitac and Sta. Maria; Pagsanjan Electric System; Paete Electric Service; Lumban Electric System; Kalayaan Electric System; Cavinti Electric System and Calim &. Jamilano Electric Co., which served the town of Famy.

Initially, FLECO contracted a loan with the NEA to pay for taken-over private systems and to fund the rehabilitation of old lines and its service expansion.

FLECO provides electricity to 11 of the 16 municipalities in the 4th District of Laguna and has attained 100% energization of the 164 barangays in its coverage area. The municipalities within the FLECO franchise area are Cavinti, Pagsanjan, Lumban, Kalayaan, Paete, Pakil, Pangil, Siniloan, Mabitac, Famy, and Sta. Maria, all located in the northeastern part of the Province of Laguna, covering about 571 square kilometers.

On the technical aspect of its operation, the Cooperative sources 100% of its power requirement from GNPower Ltd. Co., San Miguel Energy Corporation, and Independent Electricity Market Operator of the Philippines. FLECO has five (5) substations with a total capacity of 55 MVA. Since the implementation of the feeder metering system, areas of the cooperative with high system losses were identified and pinpointed. The average system loss as of December 31, 2022 is 9.14%. The Technical Services Department has been prioritizing the implementation of various technical projects in areas that need service improvements. Year 2022 recorded 26.86 MW peak demand, 75.34% system load factor, and 97.93% system power factor.

On the financial aspect, FLECO purchased from its power suppliers a total of 130,572,821 kW worth over ₱ 1,429,155,754 pesos in 2022. It recorded net energy sales of ₱ 1,557,233,498 pesos with a total of 118,160,568 kW and 98.98% average collection efficiency. The Cooperative’s gross income was ₱ 128,077,744 pesos while its operating expenses reached ₱ 166,004,451 pesos. Other income worth ₱ 60,922,300 pesos was recorded from pole rental, bank interest, private construction and sale of certain electrical materials, prompt payment discount from power suppliers, and others. Net income was ₱ -17,571,363 pesos and cash at end of year 2022 was ₱ 83,645,717 pesos.

On the institutional aspect, there are 78,318 house connections and a total membership of 72,835 as of December 2022. FLECO has attained the “AAA” rating in the Overall Performance Assessment of the NEA for six (7) consecutive years. This is the highest categorization awarded to electric cooperatives in the country. The Cooperative accomplished several Corporate Social Responsibility (CSR) projects in 2022 which include Adopt A School Program, Brigada Eskwela, In-kind and Cash Donations to NGOs, gift-giving project with 550 recipients of noche buena packages, Pantawid Liwanag Program with 300 beneficiaries of cash assistance from the PHILRECA Party-List in cooperation with the Department of Social Welfare and Development (DSWD), Livelihood Projects (Pakil, Lumban, and Paete), Medical Mission with 335 recipients of free Vitamins, and quarterly Papremyo sa Resibo Electronic Raffle Draw.