Visayan Electric Company, Inc., also known as Visayan Electric (formerly VECO), is the second largest electric utility in the Philippines and serves the cities of Cebu, Mandaue, Talisay and Naga and four municipalities of the greater part of Metro Cebu - Liloan, Consolacion, Minglanilla and San Fernando. Its franchise service covers an area of about 672 square kilometers with an estimated population of 1.73 million.
History
VECO was founded in 1905 by a group of Cebu businessmen led by Messrs. M. Levering, A. Bryan, R. Landon and Arlington Pond. It started with an 800 kW generating facility by the Cebu pier. By 1918, Viuda é hijos de Francisco Escaño, Inc. had acquired control and began expanding both the generation capacity and the distribution network.[1][2][3]