DMCI Homes has partnered with Meralco’s retail electricity supply arm, MPower, to enroll its properties under the Competitive Retail Electricity Market (CREM) and the Retail Aggregation Program (RAP), a landmark move that signals growing momentum for electricity market liberalization in the real estate sector, 

The initiative positions DMCI Homes as the first real estate developer to implement retail aggregation, consolidating the demand of common areas in Rosewood Pointe in Taguig and Tivoli Garden Residences in Mandaluyong under the RAP scheme. Meanwhile, six of its other condominium developments—including La Verti Residences, Sheridan Towers, and Flair Towers—have switched to CREM and are already benefiting from MPower’s competitive rates.

“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,” the company said in a statement.

During a ceremonial signing event on June 16, leaders from MPower, DMCI Homes Property Management Corporation (DPMC), the Energy Regulatory Commission (ERC), and the Independent Electricity Market Operator of the Philippines (IEMOP) lauded the development.

“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,” said Arturo Zamora, DPMC Vice President for Purchasing, Asset Management, Commercial & Residential Leasing.

ERC Chairperson and CEO Monalisa Dimalanta emphasized the wider implications for consumer empowerment: “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.”

CREM allows customers with at least 500 kW demand to choose their electricity supplier. RAP, the ERC’s latest program, extends this choice to smaller customers by allowing them to aggregate demand within the same franchise area to qualify for market participation.

“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,” said MPower First Vice President and Head Redel M. Domingo.

This partnership marks a key milestone under the Electric Power Industry Reform Act (EPIRA), as regulators and market operators push for wider adoption of customer choice programs across sectors.

What do you think of this pioneering move by DMCI and MPower? Could this be a catalyst for more real estate developers to follow suit? Join the conversation.

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