Senin, 04 Februari 2019

PANELCO III, Urdaneta City

Creation and Organization

Persuant to the provisions of Presidential Decree 269 aimed at providing electricity to the rural areas, the PANGASINAN III ELECTRIC COOPERATIVE, INC. (now PANGASINAN III ELECTRIC COOPERATIVE) was organized as the third electric cooperative in the province of Pangasinan. It serves the eastern part of the province with a land area approximately 1,158 square kilometers inder it's coverage area. It was formally registered with the National Electrification Administration (NEA), the agency specially created by the government by virtue of Republic Act 6038 to bring about the desired changes and reforms in the social, economic and political structure of our society and for the total electrification of the entire country, on 20 May 1978. Panelco III started it's operation on 01 June 1979.


With a seed capital of 34.4M loan granted by the National Electrification Administration (NEA), PANELCO III took over the franchise electric system of Binalonan, Pozorrubio, Mapandan, Urdaneta, Villasis, and Asingan

Service and Franchise Areas

Today, PANELCO III seerves 16 municipalities and 1 city under it's coverage area a ratio 100% onergization, namely: Tayug, Sta. Maria, Natividad, San Nicolas, San Quintin, Umingan, Villasis, Sto. Tomas, Rosales, Balungao, Binalonan, Laoac, Pozorrubio, San Manuel, Asingan, Mapandan and Urdaneta City. It also provides electricity to Brgy. Inamotan, Manaoag. The municipality of Manaoag is being serviced by DECORP; however, it has waived it's right in favor of PANELCO III taking into consideration tha proximity of Brgy. Inamotan to the distribution lines of the latter.


Office

The main headquarter of PANELCO III is housed in the City of Urdaneta, which is located in the eastern part of the Province of Pangasinan. Traversed by the Manila North Road (National Highway) virtually bisecting locality into the west and east sides, the City of Urdaneta is bounded on the North by the Municipalities of Binalonan, Laoac, Manaoag, and the Musing River; on the Northwest, by the Municipality of Mapandan; on the South by the Municipality of Villasis; on the Southwest by the Municipality of Malasiqui; on the East by the Municipality of Asingan; and on the West by the Municipality of Sta. Barbara.

It is classified as a Third Class Component City and has a total population of 125,451 based on 2010 Census.

Per record of the Coop, Urdaneta City has the most number registered members from among the municipalities being serviced by PANELCO III.

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