In line with its commitment to promote customer choice for electricity supply, Manuel V. Pangilinan-led Manila Electric Company’s (Meralco) local retail electricity supplier MPower and DMCI Homes forge a strategic alliance to onboard the latter’s properties into the Competitive Retail Electricity Market (CREM) and the Retail Aggregation Program (RAP).
Through this collaboration with MPower, DMCI Homes is set to pioneer the adoption of RAP in the real estate sector by consolidating the demand of the common areas of its properties Rosewood Pointe Condominium in Taguig and Tivoli Garden Residences in Mandaluyong.
Meanwhile, its condominium developments, namely La Verti Residences, Sheridan Towers, One Castilla Place, Flair Towers, Zinnia Towers, and Tivoli Garden Residences, have made the switch to CREM and are now benefitting from MPower’s competitive rates.
Leaders from MPower, DMCI Homes Property Management Corporation (DPMC), Independent Electricity Market Operator of the Philippines (IEMOP), and the Energy Regulatory Commission (ERC) came together on June 16, 2025 for the ceremonial launch, marking the official commencement of this landmark joint initiative.
“Our company and residents at DMCI Homes are glad to be connected with MPower as our RES. The savings on electricity bills that the households in our communities can enjoy would surely come a long way while we continue to work on our vision for building eco-friendly living spaces,” DPMC Vice President for Purchasing, Asset Management, Commercial & Residential Leasing Arturo Zamora said.
Established in 1999, DMCI Homes – a wholly owned subsidiary of DMCI Holdings Inc.- has grown into one of the leading mid to upper-mid segment developers in the Philippines with its pioneer move in building resort-like condominiums and integrating sustainable innovations into its developments. This year, DMCI’s latest milestone with MPower is set to benefit more than 25,000 residents across its Metro Manila developments by reducing their energy costs while ensuring a reliable and sustainable power source.
“We envision a competitive energy sector that puts power quite literally in the hands of consumers, and 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,” ERC Chairperson and Chief Executive Officer Monalisa Dimalanta said.
Under CREM, businesses with an electricity demand of at least 500 kilowatts have the option to select their electricity provider. RAP, on the other hand, is the latest customer choice program launched by the ERC to extend the competitive benefits of CREM to smaller electricity consumers such as residential buildings, by allowing them to form an aggregated group within the same franchise area to meet the minimum energy demand requirements.
“We, at MPower, fully support DMCI’s growing communities through energy cost optimization and our dependable services. We remain committed to advancing customer choice across industries while contributing to the country’s journey toward sustainable economic progress,” MPower First Vice President and Head Redel M. Domingo said.
MPower has been ramping up its efforts in improving its retail rates and quality of service to back ERC’s direction in ensuring that the customer choice programs are eventually made available to all energy consumers in the country as part of the Electricity Power Industry Reform Act.
