The industrial, commercial and residential power requirement of Bukidnon, is provided and distributed mainly by the First Bukidnon Electric Cooperative, Inc. (FIBECO) and the Bukidnon Second Electric Cooperative, Inc. (BUSECO).
FIBECO and BUSECO are at core and by law, utility corporations of the people, being among the 119 rural electric cooperatives (REC) of the Philippines. They are non-stock, non-profit and service-oriented distribution utilities. In the light of industry reforms, these RECs continue to respond to the pressing need of operating efficiently, competitively and proactively while addressing the consumer requirements of power quality and the mandate of electrifying the countryside.
Under the supervision of the National Electrification Administration (NEA), FIBECO and BUSECO have consistently geared its activities and development programs towards the fulfilment of the mandate for rural electrification, earning for themselves the prestigious A+ Category as per NEA Advisory in 2008. This is in recognition of these cooperatives’ accomplishments in meeting the NEA Key Performance Indicators (KPI) particularly on System Loss below the National Cap, above average Collection Efficiency, positive result of Financial Operations, and Power Reliability, Quality and Efficiency within the standard level.
The First Bukidnon Electric Cooperative, Inc. (FIBECO) serves the franchise areas in the south, namely the City of Valencia and the municipalities of San Fernando, Maramag, Don Carlos, Pangantucan, Kalilangan, Quezon, Dangcagan, Kitaotao, Kibawe, Kadingilan and Damulog; while, the Bukidnon Second Electric Cooperative, Inc. (BUSECO) provides power for the City of Malaybalay and the other municipalities in the central and northern sides of the province which include the municipalities of Cabanglasan, Lantapan, Sumilao, Impasugong, Manolo Fostich, Libona, Baungon, Malitbog, Talakag and a barangay of the City of Valencia.
The Misamis Oriental Rural Electric Service Cooperative I (MORESCO I), also an excellently-performing REC from a nearby province, serves some areas in the municipalities of Talakag and Baungon in the north.
The Pulangi River System provides the water inflow requirements of the Province for agricultural industries and household use. Located at Kiuntod, Barangay Camp 1, Maramag, the Pulangi IV Hydroelectric Plant of the National Power Corporation (NPC) operates with a capacity of 255 megawatts, contributing 25% of Mindanao’s power needs.