Cathay Land, Inc. has consolidated the electricity demand of its developments across Luzon under the government’s retail aggregation program (RAP) as it tapped the electricity services of COREnergy, Inc., according to a report by BusinessWorld .
COREnergy, the retail electricity arm of Vivant Energy Corp., said Cathay Land grouped 46 connection points from its industrial and residential developments under the RAP. The program allows end-users to aggregate their electricity demand to negotiate better rates from suppliers.
The move is expected to provide cost savings and more efficient energy procurement for Cathay Land’s properties. The partnership highlights the growing adoption of retail aggregation in the Philippine power sector as large developers seek to manage electricity costs.