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THE POWER YOU DESERVE

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About us

OUR STORY

PrimeRES Energy Corporation was established to help address the country’s growing demand for electricity services. Incorporated on April 13, 2022, PrimeRES aims to provide its customers and partners access to affordable and reliable power, tailored to meet their specific needs and business requirements.

PrimeRES is establishing a robust presence in the Retail Electricity Suppliers (RES) market, starting with the Razon Group as a key initial customer base, and extending our services to all eligible consumers. This strategic entry allows us to offer diverse and competitive energy solutions, moving beyond the traditional supply channels of distribution utilities, electric cooperatives, and the Wholesale Electricity Spot Market (WESM).

As part of the Retail Competition and Open Access (RCOA) initiative, PrimeRES is committed to offering contestable customers a dependable power supply sourced from the Razon Group’s blend of energy portfolio, which includes solar, natural gas, and hydroelectric power.

PrimeRES was granted a Retail Electricity Supply (RES) License by the Energy Regulatory Commission on March 19, 2024. It is expected to commence commercial operations within the year and is targeting a portfolio of approximately 200 megawatts of customer demand by 2027.

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our services

WHAT WE CAN OFFER

RCOA lets you choose your electricity supplier, like choosing your phone plan! Businesses with high consumption (currently 500 kW and above) can shop for the best deals from Retail Electricity Suppliers (RES) instead of being limited to their local utility. This can mean lower prices, better service, choice of renewable supply source and more energy solutions.

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Even smaller consumers can join RCOA! By forming an aggregated group, smaller businesses and households can collectively reach the consumption threshold. This aggregated group can then avail of the benefits of retail competition through supply contract with RES.

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Our Partners

THE ALLIES

partner pfmc

Philippine Foremost Milling Corp.

partner mct

Mindanao Container Terminal

partner pw

Manila Water

frequently asked questions

Switching to a new RES

Important Note: You can only switch RES once you’ve settled all outstanding dues with your current electricity provider.

1. Review the Disclosure Statement
disclose statement
  • Your chosen Retail Electricity Supplier (RES) will provide a Disclosure Statement with details about their offer, including charges, fees, and terms.
  • Make sure all verbal agreements are included in the Disclosure Statement.
  • Clarify any unclear items and ensure you’re comfortable with the contents before signing the Retail Supply Contract (RSC).
2. Sign the Retail Supply Contract (RSC)
disclose statement
  • Carefully review the RSC and ensure it matches the Disclosure Statement.
  • Get a copy of the signed RSC for your records.
3. Cooling-Off Period
disclose statement
  • You have five days after signing the RSC to cancel without any early termination charges.
4. Switching Process
disclose statement
  • After the cooling-off period, the new RES will initiate the switch.
  • You’ll be notified whether the switch is accepted or rejected.
  • If rejected, clarify the reasons and provide any additional required information.
  • If accepted, you’ll receive the effective date of the switch and a final bill from your previous RES.
  • Your next bill will come from the new RES.

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