Davao Light and Power Company

Last updated

Davao Light and Power Company, Inc.
Company typeElectricity
Founded1929
FounderP. H. Frank
Headquarters
Philippines
Number of locations
Davao City/Davao del Norte area
Key people
Engr. Rodger Velasco, executive vice president and COO
Parent Aboitiz Power Corporation

Davao Light and Power Company, Inc. is a Davao-based Filipino electricity company and the third largest [1] privately owned electric utility in the Philippines and is owned by Aboitiz Power Corporation (AboitizPower). [2] In 2007, the company had 247,341 customers [3] and 290,000 customers in 2012. [4] It serves Davao City and some parts of the Province of Davao Del Norte namely: Panabo City, Carmen, Braulio E. Dujali, Sto. Tomas, and some portions of Asuncion and Kapalong.

The company was founded in 1929 [5] and originally owned by P. H. Frank but was sold to Jon Ramon Aboitiz in 1941. [6]

A house bill seeking to expand its franchise area was vetoed by Pres. Bongbong Marcos on July 27, 2022. [7] [8]

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References

  1. "Davao Light gets rate hike". Asia Africa Intelligence Wire. January 9, 2004. Retrieved September 18, 2012.
  2. "ERC completes hearings on Davao Light's petition". Philippine Daily Inquirer . May 18, 2002. Retrieved September 18, 2012.
  3. Ilagan-Bian, Joji (June 14, 2008). "Davao Light and Dabawenyos: Formidable partners". inquirer.net. Archived from the original on February 22, 2013. Retrieved September 18, 2012.
  4. "No rotational brownout yet in city". Sun.Star . March 30, 2012. Archived from the original on March 31, 2012. Retrieved September 18, 2012.
  5. "History".
  6. Frank, John Russell (2009). On the Road Home: An American Story: A Memoir of Triumph and Tragedy on a Forgotten Frontier. iUniverse. p. 294. ISBN   978-1440193743 . Retrieved September 18, 2012.
  7. "Marcos vetoes bill expanding franchise area of Davao Light and Power". GMA News . July 28, 2022. Retrieved July 29, 2022.
  8. "Marcos vetoes bill expanding Davao Light and Power franchise". CNN Philippines . July 28, 2022. Archived from the original on July 29, 2022. Retrieved July 29, 2022.