RAP spurs cheap power bills shift

The Energy Regulatory Commission’s (ERC) retail aggregation program (RAP) is gaining traction as more companies adopt the scheme to cut electricity costs and gain greater control over their power supply.

“From its objective to empower institutions, businesses, and now homeowners, to pool their electricity demand and negotiate better rates with suppliers. Through RAP, more Filipinos are taking charge of their energy destiny, bringing us closer to true energy democracy,” ERC chairperson and CEO Monalisa Dimalanta said on Wednesday.

Retail electricity suppliers MPower and EvoEnergi are among the latest to join the program.

MPower partnered with DMCI Homes to make the Consunji-led firm to be the first real estate developer to join the program.

14 accounts in deal

The agreement covers 14 common area accounts in Rosewood Pointe Condominium, Taguig, and Tivoli Garden Residences, Mandaluyong. Other DMCI properties, including La Verti Residences, Sheridan Towers, One Castilla Place, Flair Towers, Zinnia Towers, and additional Tivoli Garden accounts, have also shifted to the Competitive Retail Electricity Market.

EvoEnergi has onboarded ten Retail Aggregation Groups (RAGs) with a combined demand of 9.6 megawatts. These include LBL Prime Properties Inc., JBC Food Corp., ACE Water Spa Hotel, Jenny’s Garment Inc., Maclin Electronics Inc., and others across sectors such as manufacturing, real estate, logistics, and retail.

“Just a few months ago, we were only dreaming about RAP to help smaller consumers — homeowners, families, residents — and actually feel the impact of lower electricity costs through the power of retail aggregation,” Dimalanta said.