19 February 2024 – ACEN RES, the retail electricity unit of the Ayala group, signed up five facilities in all three campuses of the Philippine Cultural College (PCC) under the Retail Aggregation Program (RAP), making the premier Chinese-Filipino school its first customer to participate in the said government initiative.
RAP is part of the government’s customer choice programs that provide customers the freedom to choose their electricity supplier and the option to switch to renewable energy sources. Through the RAP, multiple electricity consumers can aggregate their energy demand to breach the 500-kilowatt threshold needed to be able to source power directly from their preferred supplier. PCC’s five facilities have nearly 1 MW of total power demand.
Tony Valdez, SVP for market transformation at ACEN, said: “This partnership with Philippine Cultural College demonstrates ACEN RES’s commitment to making renewable energy accessible to more businesses and institutions across the country. Through programs like the RAP, we’re empowering customers with the power of choice and giving them greater control over their electricity usage. We fully support the government’s initiatives to promote competition and provide more options for electricity consumers.”
Willie H. Go, director of the Board of Trustees at Philippine Cultural College, said: “Philippine Cultural College is deeply committed to sustainability, and our partnership with ACEN RES is a significant step towards achieving our environmental goals. By utilizing renewable energy through the RAP, we’re not only reducing our carbon footprint but also ensuring a more sustainable future for our students. This initiative allows us to optimize our electricity costs, freeing up resources that can be further invested in providing quality education. We thank ACEN RES for their expertise and support. We look forward to our smooth transition to the retail aggregation program.”
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