ACEN Corp. retail electricity division ACEN RES has signed a deal to supply power to five facilities across the Philippine Cultural College’s (PCC) three campuses under the Retail Aggregation Program (RAP). This allows the PCC to aggregate its electricity demand, surpass the 500-kilowatt threshold, and secure competitive, negotiated rates directly from ACEN. With nearly 1 megawatt total power demand, the PCC then benefits from customer choice and reduced electricity costs.
The RAP program aims to lower power rates and offer customers greater control over their electricity usage. ACEN senior vice president Tony Valdez emphasized the company’s commitment to supporting government initiatives for increased competition and customer empowerment in energy supply.
PCC board director Willie Go highlighted the environmental benefits of the collaboration, saying that using renewable energy through RAP supports the school’s sustainability goals while optimizing energy costs for educational investment. The terms of the deal, including the specific rate, were not disclosed, however.
ACEN, which aims to expand its renewable energy capacity to 20,000 MW by 2030, continues to bolster its presence across several global markets, including Australia, India, the USA, and other regions. The company also plans to achieve Net Zero emissions by 2050.
