As the Russian-Ukraine conflict continues to cause the upticking of price of petroleum products, the National Electrification Administration (NEA) enjoined all the Electric Cooperatives (ECs) to adopt a Fifteen-day Fuel Consumption Monitoring cycle for EC service vehicles and other operational equipment/vehicle such as boom truck and pole digger. The monitoring scheme will be used as a tool for the ECs to mitigate the impact of the incessant oil price increases and ensure sufficient budget allocation for their fuel consumption.
ECs are likewise directed to submit their respective courses of action to further cut fuel costs, for documentation and benchmarking purposes of other ECs on prudent fuel consumption.
This is relative to EC Advisory regarding the Observance of Cost Reduction/Austerity Measures on Fuel dated 23 June 2022.###
