DMCI Homes Inc. tapped MPower, Manila Electric Co.’s (Meralco) local retail electricity supplier, to manage its power supply requirements and optimize energy costs for its properties.
The strategic alliance between MPower and DMCI Homes aims to transition DMCI’s properties into the Competitive Retail Electricity Market (CREM) and the Retail Aggregation Program (RAP).
“We, at MPower, fully support DMCI’s growing communities through energy cost optimization and our dependable services,” said MPower first vice president and head Redel Domingo.
“We remain committed to advancing customer choice across industries while contributing to the country’s journey toward sustainable economic progress,” said Domingo.
Under the partnership, DMCI Homes is set to be a pioneer in adopting RAP within the real estate sector. This will involve consolidating the demand of common areas in properties like Rosewood Pointe Condominium in Taguig and Tivoli Garden Residences in Mandaluyong.
Several DMCI’s condominium developments, including La Verti Residences, Sheridan Towers, One Castilla Place, Flair Towers, Zinnia Towers, and Tivoli Garden Residences, have already switched to CREM and are benefiting from MPower’s competitive rates.
A ceremonial launch held on June 16, 2025 marked the official commencement of this initiative. Attendees included leaders from MPower, DMCI Homes Property Management Corp. (DPMC), Independent Electricity Market Operator of the Philippines (IEMOP), and the Energy Regulatory Commission (ERC).
“Our company and residents at DMCI Homes are glad to be connected with MPower as our RES,” said DPMC vice president for purchasing, asset management, commercial and residential leasing Arturo Zamora.
“The savings on electricity bills that the households in our communities can enjoy would surely come a long way while we continue to work on our vision for building eco-friendly living spaces,” said Zamora.
MPower holds a significant position as a preferred Local Retail Electricity Supplier (LRES), with over 25 percent share of the competitive retail electricity market within Meralco’s franchise area.
DMCI Homes, a wholly owned subsidiary of DMCI Holdings Inc., is a leading mid- to upper-mid-segment developer in the Philippines, known for its resort-like condominiums and integrated sustainable innovations.
