DMCI Homes first to pilot gov't retail aggregation program

DMCI Homes has become the first real estate company to implement the government's Retail Aggregation Program (RAP) by consolidating the electricity demand of its properties in Taguig and Mandaluyong through a partnership with MPower.

This pilot program pools the electricity usage from common areas of DMCI's Rosewood Pointe in Taguig and Tivoli Garden Residences in Mandaluyong.

Several other DMCI properties have already transitioned to the Competitive Retail Electricity Market (CREM) and are benefiting from MPower's competitive electricity rates.

DMCI Homes anticipates that over 25,000 residents in its Metro Manila projects will experience financial benefits from this initiative.

Arturo Zamora, VP for purchasing at DMCI Homes Property Management Corp., expressed satisfaction with the partnership, highlighting the potential for significant savings on electricity bills for households.