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Power

Electric power services in the city is currently provided by the Camarines Sur II Electric Cooperative (CASURECO II), one of the four electric cooperatives engaged in power retail in Camarines Sur. Power is sourced mainly from newly privatized generating plants connected to the Luzon Grid leased to and operated by the National Grid Corporation of the Philippines (NGCP). Data from the NEA website shows that as of June 30, 2000, CASURECO II has achieved 100% energization of all barangays, 69% of all sitios and 86% of all potential households within its coverage area, which includes Naga. Consequently, CASURECO II has energized all 27 barangays of the city, except for a number of communities where urban poor relocation sites are located and areas with right-of-way problems. As of December 31, 2009, CASURECO II registered a P 39.2 million net margin out of a P 1.37 billion sales, equivalent to 2.8% of the total. Its 15.5% systems loss — 7th highest among the 11 electric cooperatives in Bicol – is only marginally lower than 16.8% registered in 2006. It means the electric consumption failed to meet the 14.8% systems loss targeted for 2009 under the DOE Power Development Plan. This also puts it in danger of missing its 8.8% systems loss level targeted for 2010 and beyond. The same NEA data shows that as of December 31, 2009, CASURECO II has the 4th highest average power rate in Bicol – and highest among the four electric cooperatives in Camarines Sur – in spite of being the second biggest market next to ALECO. Naga City is said to account for at least 60% of this market.