Bohol Light Company, Inc.
Bohol Light Company, Inc. (BLCI) was organized and registered with the Securities and Exchange Commission on July 21, 2000. It is 70% privately owned and 30% owned by the Provincial Government of Bohol (PGB), with office address at R. Enerio St., Poblacion 3, Tagbilaran City, Bohol. The company has seven (7) members of the Board of Directors, two of whom are from the Provincial Government of Bohol.
BLCI was awarded the Certificate of Public Convenience and Necessity by the Energy Regulatory Commission (ERC) — the government regulating body of the Philippines under R.A. No. 9136 — for the construction, installation, operation, and maintenance of an electric service in the City of Tagbilaran, valid from June 12, 1996 to June 12, 2021, with an existing application to ERC awaiting resolution, subject to the rules and regulations issued by the commission in accordance with the law, which the honorable commission provisionally approved in an order dated 13 September 2004, with the final decision given on June 25, 2008.
BLCI was also granted by the National Electrification Commission (NEC) the Certificate of Franchise, with the authority to operate light and power services for a period of twenty-five (25) years, valid until 19 October 2025.