History

Lanao del Norte Electric Cooperative, Inc. (LANECO), a non-stock, non-profit and service-oriented electric distribution utility, was registered under the National Electrification Administration (NEA), incorporated on May 27, 1972 and started its operation on January 1, 1973.

Its headquarters site, which was donated by the heirs of Don Rufo Lao Dela Cruz, is located at Sagadan, Poblacion, Tubod, Lanao del Norte.

Under the supervision of the National Electrification Administration (NEA), LANECO has its primary objective of effecting total electrification to uplift the lives of the people living in the rural areas.

LANECO belongs to category A and is classified as a Mega Large Electric Cooperative serving 18 Municipalities all over the Province of Lanao del Norte.

The whole coverage area is divided into twelve (12) districts and each district is represented by a Board Director through an election by the member-consumers in the said district every three years with a maximum term of office for a period of 9 years. The Board of Directors act as policy-making body of the cooperative. The management is headed by a general manager and the management staff is composed of Engineering, Finance, Institutional and Audit Department Managers.

LANECO has six branch offices located in the different areas covered bringing its services closer to the member-consumers.

With the proficient leadership of the management, LANECO established its sister cooperative relationship with Benton Rural Electric Association in Prosser, Washington, USA on December 30, 1992.

Relentlessly, LANECO endeavors for excellence to continue its good performance for the satisfaction of its member-consumers.

COOPERATIVE PROFILE
(As of December 31,2015)

Seat of Headquarters/ Main office Sagadan, poblacion, Tubod, Lanao Del Norte
Coop Head Headquarters Site Donor The Heirs of Don Rufo Lao Dela Cruz
Founding Father of Laneco Provincial Governor Arsenio A. Quibranza
First Board President Manuel V. Pangilinan
First General Manager Demosthenes B. Dingcong
Provincial Electric Cooperative Team Chairman Jose A. Camacho, Jr.
Year of Completion of Feasibility Studies 1971
Date of Registration & Incorporation May 27, 1972
Sources of Power National Power Corporation FILINVEST Development Corporation King Energy Generation Incorporated Date
 Date of Start of Operation  January 1, 1973
 Date of First Backbone Line Construction  September 16, 1974
Date of First Energization Ceremony December 30, 1974
Venue of First Energization Ceremony Poblacion, Bacolod, Lanao del Norte
First Municipalities Energized Linamon, Kauswagan and Bacolod
Date of Completion of Backbone Line Construction March 1, 1977
Date of First District Election April 19, 1977
Date of First Annual General Membership Assembly (AGMA) May 27, 1977
First AGMA Guest of Honor Honorable Emmanuel N. Pelaez
Father of Philippine Rural Electrification Program Date
Date of First Amortization of First Loan March 1980
Date of First Amortization of Second Loan February 1982
Sister Electric Cooperative in Prosser, Washington, U.S.A Benton Rural Electric Association (Benton REA)
Date of Endorsement of the Sister Coop Relationship Between LANECO & Benton REA by the National Rural Electric Cooperatives Association (NRECA) of U.S.A. December 30, 1982
Coop Categorization B
Coop Classification Mega Large
No. of Branch Offices Established 6
No. of Districts Served 12
No. of Employees 132
No. of Consumers Served Per Employee 692
No. of Municipalities Within the Franchise Area 18
No. of Energized Municipalities Within the Franchise Area 18
No. of Potential Connections 110,091
No. of Connections Served 88,641
Percentage of Accomplishment 81%
No. of Potential Barangays 410
No. of Energized Barangays 401
No. of Barangays Served Outside the Franchise Area 6
Percentage of Accomplishment 98%
No. of Members 81,640
Average Rate per KWH 6.72
Collection Efficiency 103%
Power Cost In Pesos 475,969,147.00
Energy Sales 579,691,821.00
Kilowatt-hours Purchased 82,106,608.00
Kilowatt-hours Sold 66,869,214.10
System Loss 18.47%
Kilometers of Lines Built 3,595.065
Megawatt Load (Averaging) 15.06
Load Factor (%) 65.04%
Power Factor (%) 99.05%
Substation Capacity 20 MVA
Total No. of National Recognitions Garnered 64

Vision

Through the guidance of the Divine Providence, LANECO will be a first-class electric distribution utility ready to serve all types of consumers by 2020.

Mission

A distribution utility committed to deliver quality electric service at reasonable rates to the member-consumers towards social progress and countryside development.

Panunumpa

Nangangako ako bilang tagapagpalaganap ng programang elektripikasyon na pagsisilbihan ko ang aking inang bayan. Gagampanan ko ang tungkuling ito upang maitaas ang antas ng kabuhayan sa pagbibigay ng liwanag. Isusulong ko ang kaunlaran ng aking bayan; at taos puso akong nangangako na tatahakin ko ang landas na tama at matuwid at laging isasaisip ang kapakanan ng kapwa ko Pilipino. Kasiyahan nawa ako ng Diyos.

7 Corporate Values

God-fearing
Teamwork

Commitment

Honesty and Integrity

Hard work

Excellence

Discipline

Philosophy

“We Serve from the Heart”

LANECO Hymn

I

Sa matahum probinsya sa Lanao del Norte
Sa Amihanang Mindanao
May kahayag nga midan-ag
Nga nagdala ug paglaum
Paglaum alang sa kalambuan
Kalambuan alang sa tanan
Sa kinasingkasing nga serbisyo
Sa buhatan sa LANECO

(Chorus)

II

LANECO mosagubang sa hagit
Sa kalibutanong tigi
Pinaagi sa dekalidad nga pagpangalagad
Buligan ikaw sa kahitas-an
Tungod sa Diyosnon mong katuyoan
Ipasigarbo ko ang ngalan mo
Mahal namo nga LANECO

(Repeat Chorus)

Buligan ka sa kahitas-an
Mahal namo
Mahal namo nga LANECO


LORD BLESS LANECO

I
Oh Lord we come to You
To ask Your guidance for our lives
For us to be a good light bearer
Of hope to those around us

II
You have made LANECO the channel of Your love
That through her service, blessings flow from above
Then the people will learn to love You more
By the blessings they receive, through LANECO
And everything she can give

III
We are asking for Your help
To obtain ABSOLUTE HONESTY,
To work in TOTAL SOLIDARITY
And through Your help, we’ll gain
MAXIMUM EFFICIENCY

IV
So, please LORD bless LANECO oh we pray
That she can reflect your love
To the people whom she serves
Obviously You have blessed her in the past
Bless her today and forever we pray

(Repeat 2 nd stanza, moving half step higher)
CODA


Bless LANECO (Oh Lord we pray)
Bless LANECO (Oh Lord we pray)
Amen…

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The Policy-Making Body


The Management Staff


The Coop’s National Recognitions of Its Performance Through The Years

Performance Year Award
1993 (1) Most Improved Cooperative
 1995  (3) Outstanding General Manager
Top Performing Electric Cooperative
Best in Collection Efficiency
 1996  (3) Outstanding General Manager
Top Performing Electric Cooperative
Best in Collection Efficiency
 1997  (3) Top Performing Electric Cooperative
Best in Collection Efficiency
Exemplary Payor to NEA
 1998  (3) Top Performing Electric Cooperative
Best in Collection Efficiency
Exemplary Payor to NEA
 1999 (3) Top Performing Electric Cooperative
Best in Collection Efficiency
Exemplary Payor to NEA
 2000  (4) Outstanding Electric Cooperative
Outstanding General Manager
Best in Collection Efficiency
Exemplary Payor to NEA
2001 (2) Best in Collection Efficiency
Exemplary Payor to NEA
2002 (1) Top Performing Electric Cooperative
2003 (2) Top Performing Electric Cooperative
Best in Collection Efficiency
2004 (4) Outstanding Electric Cooperative
Most Outstanding General Manager
Most Outstanding Supervisor
Best in Collection Performance
2005 (4) Best in Collection Performance
Special Citation for Being A Consistent Category A+ Cooperative for at Least The Last Five Years
Certificate of Recognition For Having Helped NEA Improve Its Financial Performance
Special Citation for Model Sub-Office to Kapatagan and Lala Sub-Offices
2006 (4) Best in Collection Performance
Special Award for Category A+ Electric Cooperatives
Special Award for Attaining A Nine-Day Collection Period
Top Gainer’s Award
2007 (5) Special Award for Category A+ Electric Cooperatives
Best in Collection Performance
Single Digit System Loss Award
Best in Region Award to Region X
Recognition for the Pioneering Region For Renewable Power Source
2008 (6) Best in Collection Performance
Special Award for Category A+ Electric Cooperatives
Special Award for Single Digit System Loss
Special Citation for Electric Cooperative With Biggest Number of Attendance to the 32nd Annual General
Membership Assembly
Special Award for Excellent Rating in Scorecard on Electric Cooperative Corporate Governance
Certificate of Recognition for Participating in Task Force Typhoon “Frank” For the Immediate Rehabilitation of
Damaged Electric Distribution Lines in Aklan Electric Cooperative, Inc. (AKELCO)
2009 (8) EC of the Year Award – Mega Large EC
General Manager of the Year Award – Mega Large EC
Single Digit Systems Loss for the Year Award
Best in Collection Performance Award
Special Citation for Excellent Rating in Scorecard on EC GovernanceBest in Region Award – Region X
Fr. Francisco G. Silva – Most Outstanding Board of Directors of the YearFr. Francisco G. Silva – Grand Office Award
2010 (4) Single Digit System Loss for the Year Award. (Main Grid)
Special Citation for an EC with the Biggest number of AGMA Attendance
Special Citation for attaining 100% Barangay Energization in 2010
2011 (4) Sunshine EC for Highest Number of Sitios Energized
Sunshine Region for Highest Number of Sitios Energized – Region X
Sunshine Region for Biggest Number of House Connection – Region X
Special Award for EC that contributed to the attainment of the 1,520 Sitio Energization

Total No. of Recognitions Received As of April 28, 2011 – 64

Philosophy

“We Serve from the Heart”

Available Soon….