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In a groundbreaking move for the real estate and energy sectors, DMCI Homes and Meralco’s local retail electricity supplier MPower have officially teamed up to bring competitive energy solutions to thousands of condominium residents in Metro Manila. The partnership, formalized in a ceremonial signing on June 16, 2025, in Mandaluyong City, signifies a bold step toward championing retail aggregation in the real estate industry.

Spearheading the event were key figures from the energy and real estate sectors, including Energy Regulatory Commission (ERC) Chairperson and CEO Monalisa Dimalanta, Independent Electricity Market Operator of the Philippines (IEMOP) President and CEO Richard Nethercott, DMCI Homes Property Management Corporation (DPMC) Vice President Arturo Zamora, MPower First Vice President and Head Redel M. Domingo, and Meralco Senior AVP Sheryl A. Castro.

At the heart of this initiative is the shared goal of expanding customer choice in electricity supply—an aspiration rooted in the government’s drive for a more competitive, transparent, and consumer-centric energy market.

Under the agreement, DMCI Homes will enroll several of its developments in two key customer choice programs: the Competitive Retail Electricity Market (CREM) and the recently launched Retail Aggregation Program (RAP). The former allows businesses with large power demands to choose their electricity supplier, while the latter extends this option to smaller consumers by letting them combine their demand into a single group within the same franchise area.

This collaboration marks a first for the real estate sector. Through RAP, DMCI Homes will consolidate the electricity needs of shared areas in Rosewood Pointe in Taguig and Tivoli Garden Residences in Mandaluyong—effectively setting the pace for other property developers. Meanwhile, several of its other residential buildings, including La Verti Residences, Flair Towers, and Sheridan Towers, have already migrated to CREM and are now benefiting from lower electricity rates through MPower.

“Our company and our communities are glad to be connected with MPower as our retail electricity supplier,” said DPMC Vice President Arturo Zamora. “The savings from these programs will go a long way in supporting our residents and our commitment to building sustainable, livable spaces.”

With more than 25,000 residents expected to benefit, this move aligns perfectly with DMCI Homes’ longstanding focus on eco-friendly development. Since its inception in 1999, the developer has been a trailblazer in mid to upper-mid residential real estate, known for resort-inspired designs and innovative sustainability efforts.

ERC Chairperson Monalisa Dimalanta emphasized the broader impact of this shift: “We envision a competitive energy sector that places real power in the hands of consumers. DMCI’s adoption of RAP and CREM is a significant leap for the construction and residential sectors, and we hope it encourages other developers to follow suit.”

MPower First Vice President Redel M. Domingo echoed this sentiment, highlighting their role in enabling this transition. “We are proud to support DMCI’s growing communities through optimized energy solutions. Our commitment to advancing customer choice is also a commitment to a more resilient and sustainable economy.”