Casureco inks supply deal with Psalm Corp.

By Jenica Faye Garcia

Jan 25, 2023 12:24 am

THE Camarines Sur II Electric Cooperative Inc. (Casureco2) has entered into an agreement with Psalm Corp., a new power supplier, as announced by its general manager Emelita Candia.

The power supply agreement aims to provide 10-megawatt power supply across Camarines Sur with a much lower generation cost that is around P5.00 per kilowatt-hour. It is expected to lower power rates of the electric cooperative which will take effect within the first quarter of this year.

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