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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|
|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
Cracker Boss | President, Monde My San
“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.”
– Charoen Pokphand Foods
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|
|8||Metering Installation Registration|
|2||Valid Retail Supply Contract||Scanned notarized copy||RES||9||Single Line Diagram||Scanned copy||RMSP, NSP|
Treasurer’s Affidavit/ Sworn Affidavit indicating
participation in the WESM
Secretary’s Certificate/Board Resolution
authorizing participation in the WESM as Indirect
|Scanned notarized copy||Contestable Customer||10||ERC Certification of Meter Test|
|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
|Scanned copy||RMSP, NSP|
|5||ERC Certificate of Contestability||Clear scanned copy||ERC||12||a. Projected Gross Energy|
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
|Scanned signed copy||IEMOP||13||Proof of Full Compliance by the|
Contestable Customer with its
Certification from the NSP
Notarized Affidavit of undertaking
executed by the Contestable
Customer supported by a
|Scanned copy||Templates are in|
|7||Valid Wheeling Service Agreement|
*with DWSA certification or updated Annex
showing the inclusion of the Contestable
Customer to be switched
|Scanned notarized copy||DU, RMSP, NSP|