CHAMPIONING RETAIL AGGREGATION IN REAL ESTATE. MPower and DMCI Homes team up to enroll the latter’s properties under the customer choice programs Competitive Retail Electricity Market and the Retail Aggregation Program. Seen in photo during the signing ceremony held in Mandaluyong City are (L-R) Independent Electricity Market Operator of the Philippines president and chief executive officer Richard Nethercott, Energy Regulatory Commission chairperson and chief executive officer Monalisa Dimalanta, DMCI Homes Property Management Corporation vice president for purchasing, asset management, commercial & residential leasing Arturo Zamora, MPower first vice president and head Redel M. Domingo, and Meralco senior assistant vice president and competitive market group head Sheryl A. Castro.
In a landmark move that champions consumer empowerment in the energy sector, DMCI Homes has partnered with MPower, the local retail electricity supplier of Manila Electric Company (Meralco), to integrate its condominium developments into the Competitive Retail Electricity Market (CREM) and the Retail Aggregation Program (RAP).
Through this collaboration, DMCI Homes becomes a trailblazer in the real estate sector by adopting RAP—starting with the consolidation of electricity demand for common areas in its Rosewood Pointe Condominium in Taguig and Tivoli Garden Residences in Mandaluyong. This strategic shift allows DMCI to optimize energy consumption and lower power costs across its communities.
Meanwhile, several of DMCI’s properties—La Verti Residences, Sheridan Towers, One Castilla Place, Flair Towers, Zinnia Towers, and Tivoli Garden Residences—have already transitioned to CREM, tapping into MPower’s competitive electricity rates to reduce operational expenses.
The milestone was officially launched on June 16, 2025, in a ceremonial event attended by key leaders from MPower, DMCI Homes Property Management Corporation (DPMC), the Independent Electricity Market Operator of the Philippines (IEMOP), and the Energy Regulatory Commission (ERC).
“Our communities and homeowners are already seeing the benefits of being connected with MPower,” said Arturo Zamora, DPMC vice president for purchasing, asset management, and leasing. “Lower electricity bills will go a long way in helping us pursue our vision of building sustainable, eco-friendly living spaces.”
Founded in 1999, DMCI Homes—a subsidiary of DMCI Holdings Inc.—has established itself as one of the country’s premier developers of resort-style condominiums in the mid to upper-mid market segment. This latest initiative with MPower is expected to benefit over 25,000 residents across its Metro Manila properties by reducing power costs while enhancing energy reliability and sustainability.
“This is a bold step that reflects our commitment to a competitive energy landscape that prioritizes customer choice,” said ERC chairperson and CEO Monalisa Dimalanta. “DMCI’s entry into RAP and CREM serves as a model for how both residential and commercial sectors can lead in energy innovation.”
CREM allows businesses with a minimum peak demand of 500 kilowatts to choose their electricity supplier. RAP, the ERC’s newest initiative, brings this same flexibility to smaller consumers like residential buildings by enabling them to pool energy demand and qualify for competitive supply contracts.
“We are proud to support DMCI’s growing communities by delivering cost-efficient and reliable energy solutions,” said MPower first vice president and head Redel M. Domingo. “Our goal is to make customer choice the standard, not the exception, as we work together toward a more sustainable and inclusive energy future.”
MPower continues to ramp up its services and retail rate offerings to support ERC’s mandate under the Electric Power Industry Reform Act (EPIRA)—bringing power choice and energy savings to more Filipino consumers nationwide.