SC upholds NEA Reform Act, rejects electric cooperatives’ challenge

AI Summary

The Supreme Court of the Philippines upheld the National Electrification Administration (NEA) Reform Act, rejecting challenges from electric cooperatives. The ruling confirms that such cooperatives operate under legislative franchises and are subject to government regulation.

The SC rules that the law and its implementing rules are a valid exercise of the state's police power, and that electric cooperatives operate under legislative franchises, subject to government regulation