SolX Technologies optimizes energy use for clients, saving Php 500M in electricity

In its mission to modernize the country’s energy systems and promote sustainability among businesses, SolX Technologies Inc. revealed that its innovative energy solutions designed to help establishments and institutions have achieved around Php 500 million in electricity savings.

In a statement, SolX highlighted that its energy solutions were able to reduce electricity costs by an average of 25% per client, with larger clients managing multiple facilities potentially saving up to 40%. 

These savings are made possible by integrating multiple services, such as the Renewable Energy Marketplace (REM), Energy Efficiency and Compliance (EEC), and Energy Portfolio Management (EPM).

SolX highlights the significant financial impact of its services, with the Energy Portfolio Management (EPM) alone driving savings of around Php 220 million, while the Renewable Energy Marketplace (RE Marketplace) has contributed an extra Php 80 million in cost reductions for its clients.

“Energy efficiency encompasses more than merely attaining compliance; it drives sustainability and facilitates long-term cost reduction,” SolX Technologies Inc. co-founder Atty. Bradley Cua.

Sta. Lucia Mall, one of SolX’s clients, partnered with the firm to improve its energy procurement strategy and implement energy-saving measures. Through this collaboration, the mall aims to achieve monthly savings of approximately Php 1.7 million, leading to substantial cost reductions and more efficient operations.

“Partnering with SolX Technologies has enabled us to optimize our energy procurement, securing a contract that forecasts monthly savings of PHP 1.7 million,” said Sta. Lucia Mall Vice President for Finance and Administration Andrea-Robles Andres. 

SolX Technologies continues to prioritize sustainability alongside regulatory compliance. The company invests in energy safety workshops, consultations, and the training of energy auditors, aligning with the Philippine Energy Plan’s goals for 2023-2050.

With RA 11285’s deadline nearing and the increasing demand for renewable energy solutions, SolX Technologies is well-positioned to continue its leadership in solar energy adoption and regulatory support.

As industries continue to face evolving energy demands, SolX Technologies offers a pathway to sustainable energy solutions that deliver both compliance and significant cost savings.