Cabanatuan Electric Corporation was originally established as Samahang Magsasaka, Inc. (SMI) in 1910 to destroy the monopoly of the palay threshing business in the town of Cabanatuan. It was a civic-minded business organization composedc of 96 members with a capital start of P10,000.00
On March 8, 1919, by virtue of the enabling act of legislature, SMI was granted a franchise to install, operate, and maintain an electric, light, heat and power system in the town of Cabanatuan. Thus, the company embared on a business that provided the beginning of many long years of difficulties and successes to the administration of SMI. When the term of this first franchise expired in 1960, SMI applied for a franchise renewal.
On June 19, 1961, the Congress of the Philippines by virtue of Republic Act No. 3118 approved the second franchise for another 50 years. Under the provisions of this Act, SMI has the sole and legal right to distributre and generate electricity to the City of Cabanatuan in Nueva Ecija until the year 2011. In 1988, the corporate name SMI was changed to Cabanatuan Electric Corporation (CELCOR) to fully reflect the firm's nature of business. As of 1995, CELCOR belonged to the Top 2,000 Corporations in the Philippines, ranking 1,227th in terms of gross revenues. As of April 1998, the Corporation had 510 stockholders with a total of 49,144 shares. CELCOR distributes electric power to more than 38,000 households in Cabanatuan City. In December 1998, total assets stood at P690 million.
Electric Operations consist of two (2) shifts, providing 24-hour on-duty servicemen and radio operators who are available around the clock, seven (7) days a week, to meet the needs of the customers. Our service crew is composed of 64 electricians and linemen, 30 of whom are dedicated to field work. In addition, 23 radio-equipped service vehicles and a computerized radio room complement our crew to offer top-quality power servicing.
CELCOR main offices are located at Maharlika Highway, Barangay Bitas, Cabanatuan City. Collection offices are strategically located at CELCOR's Commercial Building in Burgos Avenue, Cabanatuan City and at the CELCOR's Commercial Building in Burgos Avenue, Cabanatuan City and at the Main Office in Bitas. These are open nine (9) hours a day, five and a half (5 1/2) days a week. Our 24-hour phone numbers are 463-3974, 463-0505, 463-0811 and 463-0408 which are constantly manned by radio operators who can efficiently transmit all the servicing requirements of the company's customers to our service crews.
