JFI signs retail power deal with COREnergy under ERC’s expanded access rules
- July 14, 2026
- 0
Pole line hardware manufacturer Jocelyn Forge, Inc. (JFI) has tapped COREnergy as the retail electricity supplier for four companies under its group, marking a move that underscores how manufacturers are increasingly using competitive power sourcing to manage energy costs and improve operational stability.
The partnership covers Jocelyn Forge, Jocelyn Casting, Formosa Forge Phils., Inc., and Galvanizing Specialist Manufacturing, Inc., with facilities in Bulacan carrying a combined contracted capacity of 2.83 megawatts (MW) through 2028.
Under the agreement, COREnergy, the retail electricity arm of Vivant Energy, will supply power through the Department of Energy’s Retail Aggregation Program (RAP), allowing the manufacturing group to secure more competitive electricity rates while reducing exposure to volatile power market prices.
JFI manufactures standard and customized pole line hardware used by electric distribution utilities and telecommunications companies, including steel crossarms, pole accessories, bolts, and brackets. The company said its production relies on electricity-intensive equipment and precision machinery that require a stable power supply.
“Working with COREnergy has been a consistently pleasant and straightforward experience for our team,” said Jayson Ang, President and Head of Operations of Jocelyn Forge. “Their commitment to transparency and customer support has reinforced our trust in the partnership, enabling us to scale our operations with confidence while maintaining a dependable power supply for our manufacturing facilities,” he added.
For COREnergy, the partnership reflects growing demand from industrial customers seeking greater control over their electricity sourcing.
“Jocelyn Forge’s commitment to supplying the critical components of the Philippines’ energy and telecom infrastructure perfectly aligns with COREnergy and Vivant’s broader goals for a more developed nation,” said Edralin Bayona, Commercial Excellence Head at COREnergy.
“As an integrated gentailer, our objective is to provide industrial partners with the tools for true empowerment, delivering the continuous energy solutions they need to support the growth of their business,” he added.
The agreement comes as more businesses become eligible to source electricity from retail suppliers following a recent regulatory change.
Effective June 26, 2026, the Energy Regulatory Commission lowered the eligibility threshold for both the Retail Competition and Open Access (RCOA) framework and the Retail Aggregation Program (RAP) to an average monthly peak demand of 100 kW, expanding access to competitive electricity procurement for more commercial and industrial consumers.
COREnergy said its services include assistance with customer switching, transparent billing, straightforward contract terms, and electricity consumption monitoring through its MyPower Platform.
What do you think? Will the ERC’s expanded retail electricity access accelerate power cost savings and competitiveness for more Philippine manufacturers? Share your insights in the comments.
Follow Power Philippines on Facebook and LinkedIn or join our Viber community for more updates.