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Mabuhay Energy
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Mabuhay Energy Corporation (MECO) is a Retail Electricity Supplier (RES) duly licensed by the Energy Regulatory Commission (ERC). MECO is a wholly owned subsidiary of Aviva Group of Companies and was established in the Philippines in 2017 and granted the RES License last December 2019.
With its roster of experienced engineers and executives, MECO is an emerging RES player with one of the fastest-growing portfolios of customers. We can offer creative retail electricity supply contracts that are superior and unique from other RES in the country. MECO’s exposure to the Japanese RES companies and other international power markets allows it to create innovative pricing mechanisms and provide the most options in the market, enabling customers to customize their pricing and supply.
Choose your pricing scheme
We offer different types of Pricing Schemes. Some of the most common ones are Fixed Rate and the Time of Use Rate
Negotiate your electricity rate
You have the power to choose your electricity rate. You will only be charged with the rate you select!
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Testimonials
What Do Our Clients Say
“Mabuhay Energy has been helping us since last year and made us see how much savings we could have realized had we switched to them sooner. This is why when one of our meters qualified for the Phase 3 of the RCOA we immediately signed another account with Mabuhay Energy even when the first meter was just awarded to them a month prior"
"Aside from the competitive price, we decided based on the merits of the contract and how Mabuhay Energy was able to provide flexibility in the off-take which is what we really need at this time.”
"Extending this contract is a big milestone for the companies and hopefully, everything will go as per the plan."
"We're more than happy to renew with Mabuhay Energy after they offered us the best rate out of all the RES companies that bid for our supply requirements. Our cost savings are now secured for the year thanks to the customized pricing and exceptional service of MECO!"
"Since we started sourcing our power from Mabuhay Energy in 2022, their amazing team has continuously provided us with the ideal pricing for our facility, giving us steady and reliable cost savings. This means so much that we are treated as partners in this agreement so renewing with MECO again in 2024 further cements our long-term partnership! "
"MECO came at the right time for us and they continue to offer the best fit pricing scheme for our facilities.
Their service, from ease of switching, to on-point electricity billing, and smooth renewal process, is certainly first-class! That is why we are more than happy to be partners with MECO for the foreseeable future."
FAQs
WILL MY DISTRIBUTION UTILITY CHARGE ME HIGHER IF I SWITCH TO RES?
NO, distribution and transmission charges are regulated rates.
IF I SWITCH FROM DU TO RES, WILL I EXPERIENCE MORE BLACKOUTS?
NO, the switched customers will be served by the same transmission and distribution company.
WILL I EXPERIENCE POWER FLUCTUATION ON THE DAY THAT I SWITCH?
NO, the supply of electricity will continue normally.
IS THERE A SWITCHING FEE?
NO, switching to a RES is free.
HOW LONG DOES IT TAKE TO SWITCH?
Minimum of 1 month is all it takes to switch, for as long as all documents are completed.
WHAT ARE THE REQUIREMENTS NEEDED TO SWITCH?
Document | Type of Copy | Document Source | Document | Type of Copy | Document Source | ||
1 | Contestable Customer Application Form (Indirect Membership) | 8 | Metering Installation Registration Form | Scanned signed copy | RMSP, NSP | ||
2 | Valid Retail Supply Contract | Scanned notarized copy | RES | 9 | Single Line Diagram | Scanned copy | RMSP, NSP |
3 | Sole Proprietorship: Treasurer’s Affidavit/ Sworn Affidavit indicating participation in the WESM Partnership/Corporation: Secretary’s Certificate/Board Resolution authorizing participation in the WESM as Indirect Member | Scanned notarized copy | Contestable Customer | 10 | ERC Certification of Meter Test Results | Scanned copy | RMSP, NSP |
4 | Proof of Prudential Security (Letter of Credit, Surety Bond, Bank Guarantee, Guarantee by other institutions, Cash Deposit) | Original Copy | 11 | Test and Calibration Reports of Instrument Transformers and Meters | Scanned copy | RMSP, NSP | |
5 | ERC Certificate of Contestability | Clear scanned copy | ERC | 12 | a. Projected Gross Energy Settlement Quantities a. Projected Bilateral Contract Quantities from each Trading Participant’s Counterparty | Electronic copy | DU, RES |
6 | Retail Counterparty Confirmation Form (between Direct WESM Member Counterparty Supplier and Contestable Customer) | Scanned signed copy | IEMOP | 13 | Proof of Full Compliance by the Contestable Customer with its Financial Obligation • Certification from the NSP • Notarized Affidavit of undertaking executed by the Contestable Customer supported by a Secretary’s Certificate | Scanned copy | Templates are in IEMOP WEBSITE |
7 | Valid Wheeling Service Agreement (Distribution/ *with DWSA certification or updated Annex showing the inclusion of the Contestable Customer to be switched | Scanned notarized copy | DU, RMSP, NSP |