The Daily Tribune
RAP spurs cheap power bills shift
The Energy Regulatory Commission's (ERC) Retail Aggregation Program (RAP) is encouraging more entities to switch to cheaper electricity sources and gain more control over their power supply.
ERC Chairperson and CEO Monalisa C. Dimalanta stated that the program aims to empower institutions, businesses, and homeowners to collectively negotiate better electricity rates, fostering energy democracy.
Retail electricity suppliers MPower and EvoEnergi are actively participating in RAP, signing up new clients.
MPower has partnered with DMCI Homes, marking the first real estate developer to join the program, with initial agreements covering common area accounts in two condominium projects.
Several other DMCI properties have also transitioned to the Competitive Retail Electricity Market.
EvoEnergi has successfully onboarded ten Retail Aggregation Groups (RAGs), representing a combined demand of 9.6 megawatts from various sectors including manufacturing, real estate, logistics, and retail.
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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.
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SM Prime Holdings Inc. has transferred its National University (NU) and Asia Pacific College (APC) to the Retail Aggregation Program (RAP) to reduce power expenses and enhance control over their electricity supply.
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