Power Your Business
With Competitive Bids
Join the electricity marketplace where consumers post their energy requirements and suppliers compete to offer the best price. Guaranteed to save starting from 10% on your electric bills — lowest bid wins the contract.
How It Works
A simple 4-step process to get the best electricity rates
Register
Sign up as a Consumer or Supplier. Quick, easy, and free to join the marketplace.
Post Requirement
Consumers post their energy needs up to 10,000 kWh/month with a bidding deadline.
Suppliers Bid
Verified suppliers review requirements and submit competitive price-per-kWh bids.
Lowest Bid Wins
When bidding closes, the supplier with the lowest bid automatically wins the contract.
Built For Everyone
Whether you consume or supply electricity, we have you covered
For Consumers
Businesses and organizations with up to 10,000 kWh monthly energy demand. Post your requirements and let suppliers compete for your contract.
- Up to 10,000 kWh/month capacity
- Set your own bidding deadline
- Transparent competitive pricing
- Automatic lowest-bid selection
- Real-time bid tracking dashboard
For Suppliers
Licensed electricity providers looking to expand their customer base. Browse open requirements and place your most competitive bids.
- Access a growing consumer marketplace
- View all open energy requirements
- Submit competitive kWh pricing
- Win contracts with the lowest bid
- Build your reputation and ratings
Common Misconceptions
Understanding RCOA and what it means for your business
NO INSTALLATION. NO HARDWARE.
Just sign a contract. That's it.
Switching your electricity supplier is 100% paperwork. Nothing will be installed at your location. No workers will visit your premises. Everything stays exactly as it is.
Think of it like switching your internet provider – same cables, same connection, just a different company and better price.
Understanding RCOA
PowerBid Market operates under the Philippine Retail Competition and Open Access (RCOA) framework, empowering you with the freedom to choose your electricity supplier.
Legal Framework
Qualified customers have been given the power to choose their energy supplier through RCOA as stipulated by Republic Act 9136, otherwise known as the Electric Power Industry Reform Act of 2001 (EPIRA).
What RCOA Means for You
- Freedom of Choice: Select your preferred electricity supplier based on competitive pricing
- Market Competition: Suppliers compete for your business, driving prices down
- Transparent Pricing: Clear visibility into energy costs and supplier rates
- No Monopoly: Break free from single-supplier limitations
- Consumer Protection: Regulated framework ensures fair practices
Who Qualifies?
Under RCOA, qualified customers include businesses and organizations with monthly electricity consumption that meets the threshold set by the Energy Regulatory Commission (ERC). Our platform caters to consumers with up to 10,000 kWh per month, making competitive electricity procurement accessible to small and medium enterprises.
Ready to Power Up?
Join thousands of consumers and suppliers already saving on energy costs through competitive bidding.