SM Prime’s schools join RAP for cheaper electricity

SM Prime Holdings has enrolled its two schools, National University and Asia Pacific College, into the government’s Retail Aggregation Program (RAP) to secure more competitive electricity rates.

Through a contract with AdventPower, Inc., SM Prime will consolidate an electricity demand of 967.13 kilowatts across multiple facilities.

The Energy Regulatory Commission (ERC) highlights that RAP aims to reduce costs and reinvest savings in educational improvements such as better classrooms and advanced technology.

National University plans to expand its participation in the program to other sites nationwide, following the precedent set by Philippine Cultural College earlier this year.

ERC Chairperson Monalisa Dimalanta emphasizes the importance of electricity choice for education and national development, encouraging stakeholders to consider the broader impact of their decisions.