Retail Electricity Market
Source power from the wholesale market through a licensed retail supplier with settlement and billing handled for you.
What it is
The Retail Electricity Market (REM) is the segment of the Philippine electricity industry where contestable customers transact with licensed Retail Electricity Suppliers (RES) rather than the distribution utility. Rockport Power operates in REM as a licensed RES, handling wholesale market participation, settlement, and customer billing.
How procurement works
On the customer’s behalf, Rockport Power purchases energy in the Wholesale Electricity Spot Market (WESM) and through bilateral contracts with generators. The retail supply contract translates the wholesale exposure into the agreed retail plan structure — fixed, indexed, or hybrid — and produces a single consolidated monthly invoice.
What you see on your bill
A REM customer’s monthly invoice typically separates generation, transmission, distribution (wheeling), system loss, taxes, and any plan-specific adjustments. Every line item is traceable to a contractual basis and a metered quantity, which is the level of transparency the program was designed to provide.
Frequently asked questions
What is the Retail Electricity Market (REM)?
The Retail Electricity Market is the segment of the Philippine power industry where contestable customers buy electricity from licensed Retail Electricity Suppliers instead of their distribution utility. Rockport Power operates in REM as an ERC-licensed RES, handling market participation, settlement, and customer billing.
What is a Retail Electricity Supplier (RES)?
A RES is a company licensed by the Energy Regulatory Commission to sell electricity to contestable customers. Rockport Power, Inc. is a licensed RES, purchases power through the wholesale market and bilateral contracts, and bills customers under an agreed retail plan structure.
How does a RES procure my power?
Rockport Power purchases energy in the Wholesale Electricity Spot Market (WESM) and through bilateral contracts with generators on your behalf, then translates that wholesale exposure into your agreed retail structure — fixed, indexed, or hybrid — and produces a single consolidated monthly invoice for your account.
What appears on a REM customer’s bill?
A typical invoice separates generation, transmission, distribution or wheeling, system loss, taxes, and any plan-specific adjustments. Every line item traces back to a contractual basis and a metered quantity — the level of transparency the retail market was designed to give contestable customers.
Do I qualify for REM supply?
You need contestable status confirmed by your distribution utility — generally 100 kW average peak demand — an interval meter capable of providing settlement data, and willingness to sign a supply contract with a defined term. Rockport Power coordinates the confirmation and enrollment paperwork.
Other programs
Related ways to leave captive supply.
Power of choice starts here.
The Customer Choice Programs (CCP) let qualified Philippine businesses — single facilities with at least 100 kW average peak demand, or aggregated groups reaching 100 kW — choose their electricity supplier through three pathways: CREM, GEOP, and RAP. Rockport Power, Inc., an ERC-licensed retail electricity supplier, serves all three.
Green Energy Option Program
Match your consumption with renewable energy and reduce your facility’s emissions footprint.
Retail Aggregation
Combine the load of multiple sites or business units under a single retail supply arrangement.
Ready to make the switch?
Send us your last twelve months of consumption data and we'll come back with a concrete plan comparison within a few business days.
