COREnergy, Inc.

What COREnergy, Inc. does

COREnergy, Inc. is a licensed Retail Electricity Supplier (RES) in the Philippines, founded in 2016 when the company received its RES license from the Energy Regulatory Commission (ERC) and operates under the Retail Competition and Open Access (RCOA) framework. The company is a wholly-owned subsidiary of Vivant Corporation, a long-established Filipino energy group, and serves mid-to-large commercial and industrial businesses—including malls, hotels, manufacturers, BPOs, warehouses, and real-estate operators—as contestable customers seeking an alternative to default distribution utility supply. COREnergy reports 40+ business customers across Luzon and Visayas and supports them from offices in Mandaue City (Cebu, headquarters) and Makati City (Luzon regional office).

The company’s product portfolio centers on five electricity supply plans: a Fixed & Flat Plan, a Sunshine Plan (daytime fixed + WESM-linked off-peak), a Day/Night Time-of-Use Plan, WESM Plus (full spot-market exposure), and a Custom Rate Plan tailored to a customer’s load profile. Supply contracts are complemented by the MyPower Platform—a customer portal for billing, consumption tracking, and account management—and by technical services including Level 1–3 Energy Audits, Power Quality Studies, Thermal Scan Tests, and Medium Voltage Equipment Testing. The Retail Aggregation Program (RAP) extends eligibility to smaller businesses that individually fall below RCOA thresholds by aggregating demand.

COREnergy earns revenue by purchasing electricity on behalf of contestable customers and reselling it under multi-year supply contracts, with generation charges largely passed through and margins captured via service fees and pricing-structure optimization. Pricing is quote-based, with disclosed Fixed Rates of ₱5.00–₱5.80/kWh (line rental inclusive) and advertised customer savings of 15–30% on generation charges relative to standard distribution utility rates. The GTM motion is direct enterprise field sales supplemented by website-driven quote requests, with hands-on switching support and dedicated local account teams handling paperwork and provider coordination.

Name

COREnergy, Inc.

Legal name

COREnergy Inc.

Website

https://corenergy.com.ph

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

1–10 employees

Short description

COREnergy, Inc. is a Philippine licensed Retail Electricity Supplier serving mid-to-large commercial and industrial businesses across Luzon and Visayas with five customized energy plans, the MyPower customer portal, and technical energy services under a wholly-owned subsidiary of Vivant Corporation.

Ownership category

akta.pro rank

Product category

Retail Electricity Supply

SIC

Electric Services (4911)

akta.pro primary industry

Energy Supplier Partner Networks / White-Label Brokerage Programs (EUAGAEAK)

akta.pro secondary industry

Supplier Tendering / RFP Management & Contract Negotiation Services (EUAGAEAE)

Keywords

• Retail electricity supply
• Commercial energy services
• Power supply contracts
• Energy management solutions
• Industrial energy procurement

Headquarters

HQ city

Mandaue City, Cebu

HQ country

Philippines

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Infrastructure, Personnel, Marketing or Sales, Technology or R&D, Operations

Revenue model

1. Retail Electricity Supply: COREnergy operates as a licensed Retail Electricity Supplier (RES) under RCOA, buying electricity from generators and selling to contestable customers under customized supply contracts. Revenue comes from electricity supply contracts with generation charges passed through to customers along with service fees. The company offers various pricing structures including fixed rates, WESM-based rates, time-of-use rates, and custom hybrid options.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

COREnergy is a licensed Retail Electricity Supplier that buys electricity from generators and resells it to eligible commercial and industrial businesses in the Philippines under customized supply contracts. Customers choose from five core pricing plans—Fixed & Flat, Sunshine, Day/Night Time-of-Use, WESM Plus, and Custom Rate—and access billing and consumption data through the MyPower Platform. Complementary technical services include Energy Audits, Power Quality Studies, Thermal Scan Tests, and Medium Voltage Equipment Testing.

Product overview

COREnergy is a licensed Retail Electricity Supplier (RES) in the Philippines and wholly-owned subsidiary of Vivant Corporation, offering a portfolio of energy plans and services for commercial and industrial businesses. The core offering consists of five energy plans (Fixed & Flat, Sunshine Plan, Day/Night Plan, WESM Plus, and Custom Rate) that customers choose based on their operational patterns and risk preferences. These supply offerings are complemented by the MyPower Platform customer portal for consumption tracking and billing management. The company also provides technical energy services including Energy Audits (Levels 1-3), Power Quality Studies, Thermal Scan Tests, and Medium Voltage Equipment Testing. For smaller businesses, the Retail Aggregation Program enables multiple establishments to combine demand to qualify for contestable market participation. The portfolio is unified around the 'Power of Choice' value proposition, combining supply contracts with engineering support services.

Differentiator

Problem solved

Functional benefit

Brands

• MyPower Platform: A digital customer portal for viewing bills, tracking consumption, and managing energy accounts.
• The Catalyst Program

Products and services

• Fixed & Flat Plan Fixed-rate retail electricity supply plan providing stable, predictable pricing locked in across all hours, days, and months of the contract term. Designed for commercial and industrial businesses that want budget certainty and protection from Wholesale Electricity Spot Market fluctuations.
• Sunshine Plan Hybrid retail electricity supply plan offering a locked-in rate during daytime hours (8:00 AM to 5:00 PM) and WESM-based spot pricing after hours (5:00 PM to 8:00 AM). Designed for daytime-heavy commercial and industrial operations such as offices, schools, and manufacturers.
• Day/Night Plan (Time-of-Use) Time-of-use retail electricity supply plan with differentiated daytime and nighttime rates. Built for businesses that can shift production, chiller operation, or other heavy loads to off-peak hours to unlock savings.
• WESM Plus Market-exposed retail electricity supply plan providing exposure to Wholesale Electricity Spot Market (WESM) prices. Offers potential savings when demand is low or supply is abundant and carries higher rates during high-demand periods. Aimed at customers with higher risk appetite and market experience.
• Custom Rate Customized retail electricity supply plan designed around a specific customer's load profile, growth plans, and risk tolerance, with options for timeline synchronization or strategic alignment. Intended for larger or more complex commercial and industrial customers needing bespoke pricing structures.
• MyPower Platform Customer-facing digital portal that lets COREnergy business customers view bills, track electricity consumption, and manage their account information online. Provides the billing transparency and consumption visibility that supports energy-management decisions for commercial and industrial accounts.
• Energy Audits (Levels 1, 2, 3) Comprehensive business energy audit service delivered by certified COREnergy auditors across Levels 1, 2, and 3 to identify savings opportunities, improve efficiency, and support compliance with Department of Energy reporting requirements under RA 11285.
• Power Quality Studies Technical assessment of facility power quality analyzing voltage drops, harmonics, and other electrical disturbances that can damage equipment or reduce operational efficiency. Helps businesses identify and resolve quality issues affecting reliability.
• Thermal Scan Tests Thermographic imaging service that identifies hot spots, faulty connections, and insulation problems in electrical equipment before they trigger unplanned shutdowns. Supports preventive maintenance and protects critical electrical infrastructure.
• Medium Voltage Electrical Equipment Testing Testing and preventive maintenance service for medium voltage electrical assets including transformers, breakers, relays, and grounding systems, performed to ensure safety, reliability, and optimal performance of customer electrical infrastructure.
• Retail Aggregation Program (RAP) COREnergy program that allows businesses whose individual monthly peak demand does not meet the contestable threshold to aggregate their demand with peer businesses in the same distribution utility area, qualifying the combined group to access competitive retail electricity supply.

Quantifiable outcome

• Up to 15% savings on energy generation charges
• +3 more outcomes

Named customers16 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• First Gen Corporation: Philippine power generation company with retail electricity supply operations under RCOA framework. Comparable as a licensed RES serving commercial and industrial customers, with similar regulatory positioning and offerings to COREnergy.
• Phinma Energy Corporation: Philippine energy company with licensed RES operations serving contestable customers under RCOA. Comparable as a direct Philippine retail electricity supplier competing in the same customer segments and regulatory framework as COREnergy.
• Aboitiz Power Corporation: Philippine energy company with licensed RES operations under RCOA serving contestable commercial and industrial customers. Highly comparable business model of multi-plan retail electricity supply with similar regulatory positioning to COREnergy, though operating at larger scale.
• AC Energy Corporation: Ayala's energy arm operating power generation and retail electricity supply in the Philippines under RCOA. Comparable as a Philippine licensed RES serving contestable customers with similar multi-plan product portfolio and customer segments to COREnergy.

Broad incumbents

• Manila Electric Company (MERALCO): Largest Philippine electric distribution utility with retail electricity supply operations through its RES arm (MServ). Comparable as a Philippine RES serving contestable customers, though broader in scope as a distribution utility with extensive franchise area and significantly larger scale than COREnergy.
• Engie: Global energy company with retail electricity supply operations across multiple geographies. Comparable as a broad incumbent in retail energy supply, though operates at much larger scale and broader geographic scope than COREnergy.
• NRG Energy: Major US-based retail electricity provider serving commercial, industrial, and residential customers. Comparable business model as a retail electricity supplier with multiple pricing plans, though operating in US deregulated markets rather than Philippines RCOA framework.
• San Miguel Corporation (Energy Division): Philippine conglomerate with substantial power generation and retail electricity supply operations through subsidiaries. Comparable as a broad energy incumbent with RES capabilities, though operates at much larger scale and broader portfolio than COREnergy.

Others

• Vivant Corporation: Parent company of COREnergy and leading Filipino company with decades of power industry experience across generation, distribution, and retail supply. Directly relevant as COREnergy's parent operating in adjacent segments of the Philippine energy value chain.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/corenergy-inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about COREnergy, Inc.