Leyte IV Electric Cooperative, Inc. (LEYECO IV) was organized and registered as a non-stock, non-profit electric cooperative pursuant to the provisions of Presidential Decree No. 269 through a Certificate of Registration issued and signed by the administrator of the National Electrification Administration (NEA) with the presentation of the Articles of Incorporation on November 7, 1975. It was founded by seven (7) incorporators who represented the seven (7) districts in the franchise area.