At a time when rising electricity costs and environmental issues affect many communities, one company in Iloilo City is quietly making a big difference. MORE Electric and Power Corporation, or MORE Power, isn’t just keeping the lights on—it’s leading the way with safety, affordability, and sustainability at its core.
Since starting operations in 2020, MORE Power has grown into more than just a utility provider. It has become a trusted partner in the city’s development, earning the distinction of offering the most affordable electricity rates in Western Visayas at P11.3263/kWh.
This is thanks to the company’s smart energy sourcing strategy. By securing long-term contracts that cover 66% of its electricity supply, MORE Power has reduced its reliance on the more expensive spot market.
This approach helps More Power keep prices stable, even when the energy market is unpredictable, said Niel V. Parcon, Vice President for Corporate Energy Sourcing and Regulatory Affairs.
Affordability, however, is only part of the story. MORE Power also places a strong focus on safety.
The company recently became a member of the Safety Organization of the Philippines, Inc. (SOPI), a national group that promotes workplace health, safety, and environmental protection. As of October 2024, the company has recorded an impressive 1.9 million safe man-hours—proof of its commitment to keeping employees and the community safe.
“This membership in SOPI is a testament to MORE Power’s unwavering commitment to safety, health, and environmental protection. We are proud to join this esteemed organization and contribute to its mission of promoting a culture of safety across the Philippines,” said Roel Castro, MORE Power President and CEO.
MORE Power’s commitment to the community goes beyond electricity.
On November 5, 2024, the company organized a mangrove planting and coastal cleanup in Barangay Hinactacan. In partnership with local agencies, 200 mangrove saplings were planted—part of a bigger goal to plant 10,000 trees and mangroves across Iloilo City. So far, over 1,000 mangroves and nearly 9,500 trees have been planted.
“This mangrove planting is part of our ongoing commitment to environmental sustainability and reflects our integrated approach to create a cleaner, greener Iloilo City,” said Castro. “By investing in these green initiatives, we are demonstrating our dedication to being responsible stewards of the environment,” he added.
From lowering power bills to planting trees, MORE Power is proving that being a reliable electric company also means caring for the people and the planet. In Iloilo City, it’s setting an example—one kilowatt and one tree at a time.
