RETAIL electricity supplier EvoEnergi on Tuesday announced it has switched on power to the country’s first two residential retail aggregation groups under the Energy Regulatory Commission’s (ERC) Retail Competition and Open Access (RCOA) framework — following the lowering of the participation threshold to 100 kilowatts (kW) from 500 kW.
The two groups — nine households in Barangay Blue Ridge A, Quezon City, and 13 households in Barangay Greenhills West, San Juan City — began receiving power from EvoEnergi on June 26, the first day the ERC’s new 100-kW threshold took effect.
Under the revised rule, smaller end-users can pool their electricity demand to meet the minimum requirement and freely choose their power supplier.
EvoEnergi, owned by the Lao Group of Companies and an affiliate of the publicly listed D&L Industries Inc., said it is forming additional residential aggregation groups in Metro Manila as more customers learn about the RCOA framework.
“This is more than a market milestone; it is a major leap forward in achieving the core objectives of the Electric Power Industry Reform Act,” EvoEnergi president Julian Lao said. “For many years, households have viewed electricity as a fixed expense with limited alternatives. Through the ERC’s retail aggregation program, the collective demand of residents creates stronger purchasing power, unlocking customized energy solutions that would otherwise be out of reach for individual households.”
