orphan as no other articles link to it . please introduce links to this page from related articles ; try the find link tool for suggestions . february 2011 visayan electric company inc. type public industry power distributor founded 1905 headquarters cebu city philippines key people messrs. m. levering a. bryan r. landon and a. pond . website website of veco visayan electric company inc. also known as veco is the second largest electric utility in the philippines and serves the cities of cebu mandaue talisay and naga and four municipalities of the greater part of metro cebu liloan consolacion minglanillla and san fernando . its franchise service covers an area of about 672 square kilometers with an estimated population of 1.73 million . contents 1 history 2 legislative order 3 bill 4 references 5 external links history edit 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 esca o family had acquired control and began expanding both the generation capacity and the distribution network . 1 2 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 . 3 legislative order edit 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 cebu now city talisay now city minglanilla naga san fernando mandaue now city consolacion liloan and compostela . 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 municipalities of consolacion liloan minglanilla and san fernando . veco utilizes various state of the art technologies in its operations to improve its efficiency and service . it 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 . 4 in early 2005 veco opened a full service center at sm city cebu 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 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 . bill edit green bill means you are a good payer red bill means you were not able to pay your bills for two months . comes with a 2 % surcharge of your previous unpaid bill . also comes with a 48 hour disconnection notice . references edit visayas cebu mandaue city electricity external links edit visayan electric company retrieved from https en.wikipedia.org w index.php title visayan electric company & oldid 725758902 categories power companies of the philippinescompanies based in cebu cityhidden categories orphaned articles from february 2011all orphaned articles navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 17 june 2016 at 17 36 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view