Davao Light and Power Company

Last updated

Davao Light and Power Company, Inc.
Company type Subsidiary
Industry Electricity
Founded1929;95 years ago (1929)
FounderP. H. Frank
Headquarters
Philippines
Number of locations
Davao City
Area served
Davao City
Davao del Norte
Key people
Engr. Rodger Velasco, executive vice president and COO
Parent Aboitiz Power Corporation

Davao Light and Power Company, Inc.(DLPC) 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.