Davao Light and Power Company, Inc. is a
Davao-based Filipino electricity company and the third largest privately owned
electric utility
An electric utility is a company in the electric power industry (often a public utility) that engages in electricity generation and distribution of electricity for sale generally in a regulated market. The electrical utility industry is a major pr ...
in the Philippines and is owned by
Aboitiz Power Corporation
Aboitiz Power Corporation also known as AboitizPower (AP), a subsidiary of Aboitiz Equity Ventures (AEV), is a holding company engaged in power distribution, generation and retail electricity services.
Background
Aboitiz Power Corporation was ...
(AboitizPower). In 2007, the company had 247,341 customers and 290,000 customers in 2012. 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 and originally owned by P. H. Frank but was sold to
Jon Ramon Aboitiz
Jon Ramon Melendez Aboitiz (April 26, 1948 – November 30, 2018) was a Filipino businessman, and president of the Aboitiz & Company Inc. (ACO) and Aboitiz Equity Ventures (AEV), part of the Aboitiz Group.
Early life
Born on April 26, 1948, h ...
in 1941.
A house bill seeking to expand its franchise area was vetoed by Pres.
Bongbong Marcos
Ferdinand "Bongbong" Romualdez Marcos Jr. ( , , ; born September 13, 1957), commonly referred to by the initials PBBM or BBM, is a Filipino politician who is the 17th and current president of the Philippines. He previously served as a senat ...
on July 27, 2022.
References
External links
*
{{DEFAULTSORT:Davao Light and Power Company, Inc.
Electric power companies of the Philippines
Companies based in Davao City