343:. The period of existence of the franchise was for 50 years. This was subsequently extended for another 25 years by RA 6454 which took effect in 1972. In 2005, RA 9339 was signed extending the term of VECO's franchise for another 25 years. At present, VECO's franchise area covers the cities of Cebu, Mandaue, Talisay and Naga plus the
207:
VECO was founded in 1905 by a group of Cebu businessmen led by Messrs. M. Levering, A. Bryan, R. Landon and A. Pond. It started with an 800 kW generating facility by the Cebu pier. By 1918 the Escaño family's Vda. y Hijos de F. Escaño, Inc. (Widow and
Children of F. Escaño, Inc.) had acquired
309:
In the 1930s, with the success of Daza's expansion, VECO rewarded its employees by developed a company club house for the improved mind, health, living conditions and efficiency of its personnel. The clubhouse featured a free medical treatment and medicines. Its amenities included a modern tennis
200:
374:
with a Call Center equipped with Voice Over
Internet Protocol (VoIP) telephone system integrated with a Customer Relation Management System (CRMS). A second, albeit smaller, full service center also opened in Talisay City in 2007 to attend to the needs of customers in the southern part of the
313:
During the Second World War the United States Armed Forces in the Far East (USAFFE) bombed all the generation units in order to deprive the occupying
Japanese forces control of the network. In December 1945, with the war over, VECO was back in business delivering power to its customers.
222:. The development allowed for greater generation capacity and was publicly promoted increasing the company's clientele. The rapid increase in need and accessibility of electricity in the early 20th Century resulted in the two engines being overpowered by 1925. That same year, a
322:
VECO was granted its legislative franchise under Act No. 3499 which was approved by the
Philippine Legislature in 1928. It authorized VECO to install, operate and maintain electric light, heat and power system in the Municipalities of
366:
VECO uses a SCADA (Supervisory
Control and Data Acquisition) system to monitor and control its electric distribution assets via remote control. It also has a GIS (Geographic Information System) to map and manage its facilities.
375:
franchise area. VECO is owned and managed by publicly listed
Aboitiz Power Corporation (PSE: AP) and Vivant Corporation. Approximately 800 individual shareholders comprise the VECO shareholders' roster.
244:
in Manila to work on a new franchise. The
Legislature approved the franchise in 1931, and VECO was given a 50 year authorisation to operate North and South of Cebu over 60km including:
480:
233:
was added to accommodate the increasing usage. By 1929, a fourth engine, a newer model of the existing Polar Atlas diesel engine was added, boasting 550hp.
240:, the then Supervising Engineer and Assistant General Manager of the Company, sought to expand VECO's business outside of the City of Cebu. Daza went to
485:
37:
344:
430:
310:
court, bowling alley, library, gymnasium, billiards and ping-pong. The company also established a 5-year's of service bonus.
191:. Its franchise service covers an area of about 672 square kilometers with an estimated population of 1.73 million.
288:
111:
57:
241:
284:
199:
360:
273:
188:
17:
356:
348:
184:
180:
340:
257:
148:
208:
control and began expanding both the generation capacity and the distribution network.
47:
474:
328:
261:
230:
164:
424:
451:
371:
352:
253:
237:
219:
176:
36:
462:
277:
265:
249:
226:
152:
79:
332:
295:
281:
269:
215:
212:
172:
168:
91:
280:. Daza's expansion of VECO resulted in the installation of a fifth engine, a
324:
299:
211:
In 1919, under the Escaño family, VECO was reorganised and purchased two 250
156:
75:
391:
336:
303:
245:
160:
223:
294:
In 1938, VECO had 10,000~ customers and owned subsidiary plants in:
426:
The
Commercial & Industrial Manual of the Philippines 1937-1938
123:
198:
429:. Manila: Philippine Educational Company Inc. pp. 502–504.
402:
291:, boasting 1,500hp. In 1933, VECO produced 3,815,270KWH.
103:
Messrs. M. Levering, A. Bryan, R. Landon and A. Pond.
370:
In early 2005, VECO opened a full service center at
118:
107:
97:
85:
71:
63:
53:
43:
171:and four municipalities of the greater part of
8:
423:Philippine Educational Company Inc. (1938).
29:
481:Electric power companies of the Philippines
28:
384:
218:to replace the company's single 300hp
7:
418:
416:
414:
412:
410:
339:(now City), Consolacion, Liloan and
433:from the original on July 11, 2021
25:
35:
18:Visayan Electric Company (VECO)
137:Visayan Electric Company, Inc.
30:Visayan Electric Company, Inc.
1:
486:Companies based in Cebu City
502:
300:Dumaguete, Central Visayas
289:Internal Combustion engine
331:(now City), Minglanilla,
155:and serves the cities of
147:), is the second largest
112:Aboitiz Power Corporation
34:
285:Sulzer-Unternehmungen AG
229:(Now Atlas Copco) 500hp
242:Philippine Legislature
204:
114:and Vivant Corporation
260:, North of Cebu; and
202:
203:VECO's previous logo
31:
304:Dipolog, Zamboanga
205:
318:Legislative Order
134:
133:
58:Power distributor
16:(Redirected from
493:
465:
460:
454:
449:
443:
442:
440:
438:
420:
405:
400:
394:
389:
335:, San Fernando,
149:electric utility
141:Visayan Electric
139:, also known as
130:
127:
126:.visayanelectric
125:
39:
32:
21:
501:
500:
496:
495:
494:
492:
491:
490:
471:
470:
469:
468:
461:
457:
450:
446:
436:
434:
422:
421:
408:
401:
397:
390:
386:
381:
320:
238:Gabriel A. Daza
197:
122:
100:
88:
23:
22:
15:
12:
11:
5:
499:
497:
489:
488:
483:
473:
472:
467:
466:
455:
444:
406:
395:
383:
382:
380:
377:
345:municipalities
319:
316:
196:
193:
132:
131:
120:
116:
115:
109:
105:
104:
101:
98:
95:
94:
89:
86:
83:
82:
73:
69:
68:
65:
61:
60:
55:
51:
50:
45:
41:
40:
24:
14:
13:
10:
9:
6:
4:
3:
2:
498:
487:
484:
482:
479:
478:
476:
464:
459:
456:
453:
448:
445:
432:
428:
427:
419:
417:
415:
413:
411:
407:
404:
399:
396:
393:
388:
385:
378:
376:
373:
368:
364:
362:
358:
354:
350:
346:
342:
338:
334:
330:
326:
317:
315:
311:
307:
305:
301:
297:
292:
290:
286:
283:
279:
275:
271:
267:
263:
259:
255:
251:
247:
243:
239:
236:In 1929, Don
234:
232:
231:diesel engine
228:
225:
221:
217:
214:
209:
201:
194:
192:
190:
186:
182:
178:
174:
170:
166:
162:
158:
154:
150:
146:
142:
138:
129:
121:
117:
113:
110:
106:
102:
96:
93:
90:
84:
81:
77:
74:
70:
66:
62:
59:
56:
52:
49:
46:
42:
38:
33:
27:
19:
458:
452:Mandaue City
447:
437:September 7,
435:. Retrieved
425:
398:
387:
372:SM City Cebu
369:
365:
361:San Fernando
327:(now City),
321:
312:
308:
293:
274:San Fernando
235:
220:steam engine
210:
206:
189:San Fernando
144:
140:
136:
135:
72:Headquarters
44:Company type
26:
463:Electricity
357:Minglanilla
349:Consolacion
287:Winterthur
266:Minglanilla
250:Consolacion
227:Polar Atlas
216:gas engines
185:Minglanilla
181:Consolacion
153:Philippines
87:Area served
80:Philippines
475:Categories
379:References
341:Compostela
296:Bogo, Cebu
258:Compostela
173:Metro Cebu
143:(formerly
99:Key people
92:Metro Cebu
76:Cebu City
431:Archived
54:Industry
392:Visayas
337:Mandaue
329:Talisay
262:Talisay
246:Mandaue
224:Swedish
195:History
165:Talisay
161:Mandaue
151:in the
119:Website
64:Founded
353:Liloan
302:; and
254:Liloan
177:Liloan
108:Owners
48:Public
282:Swiss
278:Danao
439:2021
403:Cebu
359:and
333:Naga
325:Cebu
276:and
270:Naga
256:and
187:and
169:Naga
167:and
157:Cebu
145:VECO
128:.com
67:1905
347:of
124:www
477::
409:^
363:.
355:,
351:,
306:.
298:;
272:,
268:,
264:,
252:,
248:,
213:hp
183:,
179:,
175:-
163:,
159:,
78:,
441:.
20:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
