SORSOGON CITY, 23July2013 (BicolToday.com) – The business community in the capital city of Sorsogon are up in arms against the administration of Sorsogon II Electric Cooperative (SORECO II).
This was contained in their Board Resolution forwarded to the Sangguniang Panlalawigan energy and cooperative committees who called for a joint committee hearing inviting the principals to shed light on the issue and for them to come-up with a recommendation beneficial to the more than sixty six thousand member consumers of the electric cooperative.
Lately, the management of the cooperative hogged the local news because of inconsistencies in its policies wherein questionable transactions were scrutinized. Such information was revealed by non-managerial position union members who felt that abuses and waste of cooperative resources is common. They refused to be identified for fear of management reprisal.
Two concerns was raised by the Philippine Chamber of Commerce and Industry (PCCI) Sorsogon Chapter, that of the failure of the cooperative management to provide affordable power and service to its member consumers and the much maligned Piso Para sa Tugang Program (PPT) because its lacks transparency and its recording are inconsistent with normal accounting procedures.
The joint committee hearing recommended that the PPT program be re-introduce to the next general assembly of the cooperative by ensuring its inclusion as one of the agenda, it likewise reminded the cooperative of its mandate under RA 9520, the cooperative code emphasizing the organizational integrity of cooperatives and the interplay of the electricity pricing at the Wholesale Electricity Spot Market was noted.
The impact of the PCCI resolution spotlighted the inefficient management of the electric cooperative and consumer advocates of the covered areas of the cooperatives are in unison that things are not getting better for the cooperative, for they have heard one of the director saying “that in a year or two, the cooperative will be bankrupt”. If such is the prospect of the utility they concluded that inefficiency is a big problem of the cooperative. [BicolToday.com]