Palace signs law creating power co-op rehab fund

PRESIDENT Rodrigo R. Duterte has signed into law the bill creating the Electric Cooperatives Emergency and Resiliency Fund (ECERF), officials said.

House Majority Leader Rodolfo C. Fariñas distributed on Tuesday copies of the letter sent by Executive Secretary Salvador C. Medialdea to Speaker Pantaleon D. Alvarez, confirming the law’s signing on June 29.

The law will go into the books as Republic Act 11039, ECERF Act. It aims to assist to Electric Cooperatives (ECs) affected by natural disasters to restore and rehabilitate damaged infrastructure.

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