The strategic alliance was formalized on June 16 with a ceremonial launch attended by key stakeholders from MPower, DMCI Homes Property Management Corp. (DPMC), the Energy Regulatory Commission (ERC), and the Independent Electricity Market Operator of the Philippines (IEMOP).
DMCI Homes, a wholly owned subsidiary of DMCI Holdings Inc., will pilot RAP implementation by aggregating the electricity demand of the common areas in two of its developments—Rosewood Pointe in Taguig and Tivoli Garden Residences in Mandaluyong. The move allows smaller consumption points within a single franchise area to be bundled and qualify for access to competitive electricity rates.
Meanwhile, several DMCI condominium projects including La Verti Residences, Sheridan Towers, One Castilla Place, Flair Towers, and Zinnia Towers have already switched to CREM, enabling them to directly source power from MPower under competitive pricing.
DPMC vice president Arturo Zamora welcomed the initiative, citing its alignment with the company’s sustainability goals and customer-centric approach.
The partnership with MPower is expected to benefit more than 25,000 residents across DMCI’s Metro Manila properties through lower electricity costs and a more reliable power supply.
It also supports the government's push for increased consumer choice in the power sector.
“DMCI’s switch to RAP and CREM represents a major leap forward for the power of choice in both the construction and residential industries, which we hope to inspire other developers to follow,” ERC Chair Monalisa Dimalanta said in her remarks.
Under current rules, businesses with at least 500 kilowatts of electricity demand can opt into CREM to choose their power supplier. RAP expands this option to smaller consumers, such as residential complexes, by allowing them to form an energy-buying group within the same distribution franchise area.
MPower first vice president Redel M. Domingo said the company remains committed to advancing competitive energy access across sectors.
“We fully support DMCI’s growing communities through energy cost optimization and our dependable services. We remain committed to advancing customer choice while contributing to the country’s sustainable economic growth,” Domingo said.
MPower, a local retail electricity supplier under Meralco, has been ramping up its service offerings and price competitiveness in line with the Electric Power Industry Reform Act, as the ERC aims to broaden the reach of customer choice programs nationwide. —Ed: Corrie S. Narisma
