Company type | Public |
---|---|
Industry | Power distributor |
Predecessor | Iloilo Light Company |
Founded | May 14, 1921 |
Founder | Esteban de la Rama |
Defunct | February 14, 2019 |
Fate | Superseded by MORE Power |
Headquarters | 12 General Luna St., City Proper, Iloilo City, Philippines |
Key people | Mariano Cacho Jr., Chairman Luis Miguel A. Cacho, President and CEO |
Owners | Cacho family First Philippine Holdings Corporation |
Website | www |
Panay Electric Company, Inc., also known as Panay Electric or simply PECO, is an electric power distribution company in the Philippines. It served the City of Iloilo from 1923 until 2019, when its franchise service expired and MORE Electric and Power Corporation (MORE Power) controversially took over.[1]
Although PECO is no longer the main power distributor for Iloilo City, the company continue to provide a variety of services, including meter management, electrical infrastructure maintenance, and safety-related services.[2]