The initiative is being implemented through a partnership between Cathay Land Inc., the real estate development arm of The Cathay Group of Companies, and COREnergy, the retail electricity arm of Vivant Energy. The collaboration covers 46 connection points across Cathay Land’s industrial and residential developments nationwide.
Strategic energy management
The partnership enables Cathay Land to consolidate smaller electricity loads from multiple properties to meet contestability requirements, giving the developer access to the competitive retail electricity market.
By aggregating demand across its nationwide portfolio, Cathay Land gains greater flexibility in managing power costs, sourcing electricity, improving reporting, and planning long-term energy requirements.
“Grouping these properties under the aggregation program is a practical step toward more efficient utility management,” said Mary Ann Kocencio, vice president for corporate administration at Cathay Land.
“This allows us to manage our diverse portfolio as one coordinated platform rather than as separate accounts, supporting our growth with a more responsible and organized energy strategy,” she added.
Growing adoption of RAP
The collaboration reflects a broader trend among Philippine property developers to view electricity procurement as a strategic component of asset and operational management.
As energy prices remain volatile, more businesses are exploring the RAP initiative as a way to improve cost visibility, secure competitive rates, and enhance supply reliability.
“For businesses with multiple locations, the Power of Choice should not be limited by how their meters are structured,” said Marko Sarmiento, vice president and operations head of COREnergy.
“Our role is to help customers navigate the technical and regulatory requirements so they can access energy solutions that fit the way their business actually operates,” he said.
Supporting growth and sustainability
Industry observers note that retail aggregation is gaining traction among companies with geographically dispersed operations, particularly in the real estate, manufacturing, and commercial sectors.
For Cathay Land, the move supports broader goals of operational efficiency and sustainability, positioning electricity procurement not merely as a recurring expense but as a strategic business variable that can contribute to long-term growth and resilience in an evolving energy market. —Ed: Corrie S. Narisma
