In June 2013, the first wave of retail electricity supply, also known as Open Access, was launched jointly by the Department of Energy (DOE), Energy Regulatory Commission (ERC), and the Philippine Electricity Market Corporation (PEMC). Through this initiative, customers with a monthly average peak demand of 750kW or above can choose a supplier through the Open Access market.
Before Open Access, customers had little to no choice in selecting their supplier and the terms and conditions of their supply of electricity. In almost all cases, customers sourced their power from their distribution utility.
Now, Open Access allows for competition between the many retail electricity suppliers (RES) available today. Customers are able to benefit from this exchange by opening up new avenues for negotiation on rates and contract features.
If you want to know more about specific features, SNAP-RES can assist you in finding the right fit depending on how your business operates. This will allow you to focus on other aspects of your business while SNAP-RES manages your power requirements. For inquiries, please send us a quick message.
More information about the rules and regulations governing contesability at different levels of consumption or the timelines for implementation of the different phases are available here.
How to Switch
Hundreds of customers have already chosen to make the switch to Open Access. As a retail electricity partner of choice, SNAP has assisted its customers in making this transition through guiding new customers through the process illustrated below: