Scribd
Upload
774 views5 pages

Company History

ZAMECO was established in 1972 and divided into two cooperatives, ZAMECO I and ZAMECO II, in 1984. In 1991, ZAMECO II was greatly affected by the eruption of Mount Pinatubo. It has since worked to expand service, become financially stable, and deal with leadership and election issues, and now aims to improve efficiency and reduce costs as the power industry changes.

Uploaded by

Judy Grace Abdon
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
774 views5 pages

Company History

ZAMECO was established in 1972 and divided into two cooperatives, ZAMECO I and ZAMECO II, in 1984. In 1991, ZAMECO II was greatly affected by the eruption of Mount Pinatubo. It has since worked to expand service, become financially stable, and deal with leadership and election issues, and now aims to improve efficiency and reduce costs as the power industry changes.

Uploaded by

Judy Grace Abdon
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
  • Company History: 1972-1984: Covers the establishment of ZAMECO and its division into independent institutions.
  • Historical Overview: 1984-1986: Describes the classification of ZAMECO during the mid-80s and its cooperative category transition.
  • Mount Pinatubo Eruption: 1991: Addresses the impact of Mount Pinatubo eruption on the cooperative's operations.
  • Board of Directors Update: 2008: Changes in management and board member election, plus alignment with national policies.
  • Cooperative Expansion: 2000-2003: Discusses the growth in cooperative membership and financial milestones.
  • Legal and Structural Developments: 2009: Details legal challenges and internal restructuring efforts.
  • Membership and Management Changes: 2010: Covers the interim board actions, elections, and cooperative meetings.
  • Reform Implementation: 2011: Focuses on the reform strategies implemented to meet new regulatory standards.

COMPANY HISTORY

1972

 ZAMECO was established June 30, 1972 by National Electrification

Administration (NEA) under Presidential Decree No. 269.

1984

 Divided into Two (2) Independent Institutions namely: Zambales I

Electric Cooperative, Inc. (ZAMECO I) covering the areas of Botolan

up to Santa Cruz: and Zambales II Electric Cooperative, Inc.

(ZAMECO II) which covers its Franchise Areas from Subic all the

way to Cabangan.

1984-1986

 Classified as Category-C level equivalent to a Medium Cooperative,

on which this perhaps an effect from the division into two (2)

independent institutions.

1991

 On June 1991, the coop was greatly affected by the eruption of

Mount Pinatubo which almost damaged all its power lines and other

facilities.

2000
 ZAMECO II was classified as Large Cooperative due to its fast

growing number of consumers and the expansion of lines up to date to

meet its customary demands.

2003

 ZAMECO II became a prompt payer to the National Power

Corporation (NPC) and was able to pay its Php9M arrears with the

power bill payment, company expenses were reduced and the

cooperative was able to acquire equipment to support its maintenance

of lines.

2007

 Became an A+ cooperative with a special award for collection

efficiency.

2008

 Former Board of Directors of the cooperative, led by then BOD

President Jose Dominguez, were removed from office based on

NEA’s Audit Findings and other anomalous practices which were

perpetuated in the performance of the former Board’s duties.

 It was October 28, 2008 when the Mass Action of Member-

Consumers was done outside the coop’s premises and immediately

NEA sent its representatives to look into the situation.


 NEA Administrator Edita Bueno at the same time confirmed the

designation of Engr. Alvin M. Farrales as then Interim General

Manager.

2009

 A Special District Election was scheduled on February 07, 2009 in all

Franchise Areas of ZAMECO II but was intervened when the coop

received two Temporary Restraining Orders (TRO), one for the

District of San Antonio only issued by the Regional Trial Court

Branch 70 of Iba, Zambales, and the other for all Districts of the coop

which was issued by Regional Trial Court Branch 72 of Olongapo

City.

 March 16, 2009 a first option was made which is the Mobilization

Program by means of outsourcing individuals. Due to the low turn out

of the said sanitation, Meter Readers and other Field Personnel from

the coop were encouraged to replace and take charge of the

Mobilization Program adopting better plans and strategies through

house-to-house procedures.

 September 19, 2009 at the San Antonio Youth Complex wherein Five

Board Resolutions were passed and unanimously approved aside from


the General Manager’s report on the Coop’s operational status, and so

with the amendment of some By-Laws of ZAMECO II.

 October of 2009 was etched in the minds of ZAMECO II Employees,

Members of the Interim Board, and so with its supportive Member-

Consumers when the cooperative was in deep turmoil. It was said so

because of attempted forcible take-over of the ZAMECO II facilities

and handling of operations of the former Board of Directors initiated

by the former General Manager basing on the issue of the coop’s

registration with the Cooperative Development Authority.

2010

 Suspended BOD Election was pushed through on November 20,2010

with the following winners: Danilo Fontelera of Subic-B, Ernesto

Bonilla of Subic-A, Dominador Gallardo of Castillejos, Manuel

Rodriguez from San Marcelino, Leo Lonzanida of San Antonio,

Eduardo Navarro of San Narciso, Lyndon Rosete of San Felipe, and

Arnulfo Llagas Sr. from Cabangan.

 March 19, 2010, an Expository Hearing on Contract for the Supply of

Electric Energy was held.


 November 2010, Another Membership assembly again took place at

Subic Sports Complex in Subic, Zambales already with the newly

elected Board of Directors as one of the event’s participants.

2011

 The year when Zambales II Electric Cooperative, Inc. started from

identifying and analyzing its strengths, weaknesses, opportunities,

and threats in a deregulated and highly competitive power industry.

 Reorganizing the coop’s old into a new structure aims to meet the

objectives of the Electric Power Industry Reform Act in terms of

improving efficiency and reducing cost and to ensure accountability

of management and staff.

COMPANY HISTORY 1972  ZAMECO was established June 30, 1972 by National Electrification Administration (NEA) under Presidenti
 ZAMECO II was classified as Large Cooperative due to its fast growing number of consumers and the expansion of lines up to
 NEA Administrator Edita Bueno at the same time confirmed the designation of Engr. Alvin M. Farrales as then Interim
the General Manager’s report on the Coop’s operational status, and so with the amendment of some By-Laws of ZAMECO II.  Octo
 November 2010, Another Membership assembly again took place at Subic Sports Complex in Subic, Zambales already with the new

You might also like