The BE Group of Companies has signed a retail electricity supply (RES) agreement with COREnergy to power and manage energy consumption for Mabuhay Towers in Cebu Business Park and Cebu IT Park.

The partnership comes as businesses in Cebu’s growing commercial districts seek more flexible and cost-efficient energy arrangements amid increasing electricity demand from the expanding IT-BPM sector.

By transitioning to COREnergy under the Retail Competition and Open Access (RCOA) framework, Mabuhay Towers gains access to a more structured energy strategy aimed at improving cost predictability, customization, and operational efficiency.

COREnergy said its “gentailer” model allows it to align electricity supply with customer demand while helping shield clients from market volatility.

“As a homegrown company, we want to work with partners who understand the kind of growth we envision to build for Cebu,” said President and CEO Grand Benedicto.

“COREnergy has the technical capacity in retail electricity supply and the same level of commitment to Cebu’s progress. That gives us confidence that this partnership will help us manage energy more strategically while supporting our developments in the long-term,” Benedicto added.

COREnergy said the agreement reflects a broader shift among businesses toward treating electricity not just as a fixed utility expense, but as a strategic operational tool.

“Businesses are no longer treating power as a fixed monthly expense. With the Power of Choice, they can structure how energy supports their operations, whether that’s managing costs, improving performance, or planning for scale,” said SAVP and Head of Sales Marko Sarmiento.

Sarmiento added that the company was privileged to partner with another Cebu-based brand as businesses increasingly rethink their energy consumption strategies alongside the region’s economic growth.

The partnership also comes ahead of the planned lowering of the contestability threshold to 100 kilowatts (kW) by June 2026, which the Energy Regulatory Commission (ERC) said would expand access to retail electricity supply for more commercial establishments.

The planned policy change is expected to broaden participation in the retail electricity market, allowing more businesses to choose their electricity supplier and adopt customized energy arrangements.

As competition in the retail electricity market expands, companies are increasingly exploring supply agreements aimed at improving cost management and reducing exposure to electricity price volatility.

Will more businesses shift to retail electricity supply arrangements as access to RCOA expands?

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