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RCOA 101
What is RCOA?
RCOA gives RES companies the ability to lower the generation charges component of the electricity bills for their customers, which takes up over 60% of their total electricity bill, thus leading to significant cost savings!
Who are the participants of RCOA?
Contestable Customer
Electricity end-user that has a monthly peak demand of at least 500 kW (as of Phase III)
Retail Electricity Supplier
An entity authorized by the ERC to sell, broker, or market electricity to end-users in the contestable market
Local RES (LRES)
The business segment of a Distribution Utility catering to the Contestable Market only within its franchise area
Supplier of Last Resort (SOLR)
An entity that provides Last Resort Supply to contestable customers who suddenly find themselves without a RES
How Can I Participate In RCOA?
Review Your Power Bills for Notice of Contestability
You may have a NOTICE OF CONTESTABILITY from your network service provider or distribution utility! This is how you will be informed that you are a contestable customer, and you are one step closer to switching to savings!
Contact Retail Electricity Suppliers
RES companies can address all your questions and concerns about switching. Call MECO to begin your electricity savings journey at +63917 3105245 or email us info@mabuhayenergy.com
Offers Will Be Submitted to You
RES companies offer you tailor-fitted pricing schemes based on your energy consumption. This is the main benefit of RCOA where customers are the focal point of the open access market!
Apply the Electricity Savings Right Away on Your Next Bill!
You’ll start enjoying the benefits of reliable and affordable electricity on your next bill with your RES. MECO offers a seamless transition by handling all the legal and commercial documents for market registration and switching.
Mabuhay Energy's Unparalleled Pricing Schemes
Market Pricing
Your price is based on the Wholesale Electricity Spot Market's rate with a minimal retail supply margin.
Time-of-Use Pricing
By carefully analyzing your usage pattern and load profile, we can offer you a rate that is tailored to your peak and off-peak operations.
Seasonal Time-of-Use Pricing
Similar to the Time-of-Use Pricing, this pricing scheme offers you a set electricity rate for certain seasons in the year that best suit you.
Fixed Pricing
A common pricing scheme where we offer you a fixed electricity rate for the duration of your retail supply contract.
Indexed Pricing
An elaborate pricing scheme that bases your electricity rate on a formula calculating the FOREX rate and our choice coal price indexes.
Hybrid Pricing
Your rate is calculated using Indexed Pricing for your baseload. Your rate for the consumption in excess of your baseload is calculated with Market Pricing.
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 |
Let our team make your electricity savings a reality. Message us.
Our enthusiastic and experienced engineers and executives are here to help you.
Testimonials
What Our Clients Say About Us
“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 |
Be a Partner Today!
Contact Info
Unit 2618, 26th Floor, High Street South Corporate Plaza Tower 1 26th St, Corner 9th Ave, 1630 Taguig, Philippines