Republic Act No. 12302 an act granting the Aklan Electric Cooperative (AKELCO), Inc. a franchise to construct, install, establish, operate, own, manage and maintain a distribution system for the conveyance of electric power to the end-users in the Seventeen (17) Municipalities of the Province of Aklan; the Municipalities of Pandan and Libertad of the Province of Antique; and in Barangay Damayan, Municipality of Sapian, Province of Capiz