LEGAZPI CITY, 02Oct2013 (PNA) – Electric power supply was back to normal at noontime in all areas being serviced by the Camarines Sur Electric Cooperative III, which covers the Rinconada Area or the fifth district of Camarines Sur.
The towns of Bato, Nabua, Balatan, Bula, Baao and Buhi and Iriga City suffered from a two-day blackout after the San Miguel Energy Corp. (SMEC) cut off power supply to these areas starting on Sept. 30.
The PNA learned that Casureco III owes SMEC a total amount of P84.2 million in electric bills, which was due on Sept. 24.
The electric cooperative failed to pay on that date, prompting SMEC to extend the deadline on Sept. 30.
Casureco III was able to collect only P42 million from its delinquent consumers so it failed to pay on the deadline, forcing the SMEC to disconnect its power supply to the cooperative.
Casureco III insiders said it has still P90 million collectibles from its power consumers.
Camarines Sur Rep.Salvio Fortuno (5th District) called for an emergency meeting of all stakeholders to discuss the possible solution to the problem of Casureco III.(PNA)