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RCOA 101
What is RCOA?
RCOA or Retail Competition and Open Access has the objective to promote industry efficiency and consumer empowerment for contestable end-users. The RCOA led to the rise of Retail Electricity Suppliers (RES).
The retail electricity market in the Philippines is a relatively new concept, having only been introduced in the Philippines in 2015. The Energy Regulatory Commission (ERC) mandated the liberalization of the electricity market in order to increase competition and keep costs down for consumers. This new system of electricity trading allowed energy consumers to shop around and select from different providers, rather than being tied to a single provider.
Why choose MECO?
Here’s why you should choose Mabuhay Energy today!
Are you looking to switch to a retail electricity supplier? Check out what makes Mabuhay Energy your supplier of choice for the switch!
| Terms | Mabuhay Energy | Other RES |
| Pricing Scheme | Fixed, Time-of-use, Seasonal Time-of-use, or Market Price | Fixed or Market Price |
| Fuel Cost Recovery Charge | None | Yes |
| Contracted Capacity | None | Yes |
| Minimum Energy Requirement | None | Yes |
| Security Deposit | 1 month | 2 months |
| Source | PPAs and WESM | Own power plant and WESM |
| Value Added Services | Yes | None |
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What our customers say
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 |
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Contact Info
Unit 2618, 26th Floor, High Street South Corporate Plaza Tower 1 26th St, Corner 9th Ave, 1630 Taguig, Philippines