Central Negros Electric Cooperative said in a press release yesterday that its systems loss for the second quarter of year 2016 remained below the 13 percent cap set by the Energy Regulatory Commission.
The systems loss continued to decrease, from 12.94 percent in April, 12.75 percent in May, to 12.38 percent for the month of June, it said.
This performance highlights the resiliency and unaltered commitment of the employees to work for the good of the member-consumers and their electric cooperative despite the controversies and difficulties, the press release said.
CENECO targets a single digit system loss by year 2017, it added.*
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