The Vivant Group is optimistic about the prospects of its retail electricity supplier (RES) arm, COREnergy Inc. due to its three-pronged offerings to clients, according to its top official.
“We have a brand called Core Energy, which hasn’t really been introduced to the market… Currently, retail electricity is only available to relatively large businesses, such as factories and farms,” Vivant CEO Arlo Angelo Sarmiento said in an interview with Ces Drilon on Usapang Bilyonaryo aired on CNN Philippines.
Sarmiento highlighted COREnergy’s uniqueness among retail electricity suppliers, emphasizing its three business pitches: rooftop solar, retail electricity, and engineering services.
“We tell our customers that electricity is a highly technical field. Focus on your business, and we’ll handle your energy concerns,” he explained.
To differentiate itself in the market, COREnergy goes beyond the conventional supply focus. Unlike larger companies, which concentrate solely on supply with massive power plant portfolios, COREnergy integrates rooftop solar and engineering services to establish closer relationships with its customers.
Sarmiento added that COREnergy can install solar rooftop panels and provide customized electricity solutions based on clients’ specific needs.
“We can ask, ‘Do you want green, do you want low cost? Do you want low cost during certain times but more green at other times?’ We can customize it for you. It really depends on the customer’s needs,” he elaborated.
In September, COREnergy signed a 20-year power supply agreement with Samal Solar Renewable Energy Corporation (SSREC).
SSREC is currently developing a solar power project with a total capacity of 52 megawatts in Barangay Samal, Bataan.