President Ferdinand R. Marcos Jr. has approved the franchise bid of Leyte II Electric Cooperative (LEYECO II), ensuring a stable power supply in parts of Leyte.

Republic Act 12017, signed on August 9, 2024, grants LEYECO II the franchise and allows them “to construct, install, establish, operate, own, manage, and maintain, in the public interest and for commercial purposes, a distribution system for the conveyance of electric power to end-users in the City of Tacloban and the Municipalities of Babatngon and Palo, Province of Leyte.”

In 2022, LEYECO II was recognized by the National Electrification Administration (NEA) as one of the most outstanding electric cooperatives in the country. The award was attributed to the “AAA” rating the cooperative received in the 2021 overall performance assessment and the successful implementation of its mandate under the rural electrification program.

The cooperative is also one of the power groups offering the lowest power rates in the region. PND