February 10, 2025
By enabling companies to switch to 100% renewable energy without infrastructure costs, the Green Energy Option Program (GEOP) is disrupting the Philippine energy market, empowering businesses to significantly reduce costs and accelerate their sustainability goals.
Through direct cold contact with GEOP end-users, Climate Reality PH acquired data on power consumption, generation costs, and generation rates from 36 GEOP-registered meters (11% of 335 eligible GEOP-registered meters). The study found that they have collectively saved PHP 71.7 million, slashed their carbon emissions by an average of 79%, and fast-tracked their journey toward net-zero goals.
Considerable barriers remain, including limited public awareness, regional disparities in adoption, bureaucratic hurdles, and the scarcity of renewable energy supply. Addressing these issues requires targeted campaigns in underserved regions like Visayas and Mindanao, enhanced infrastructure, and stronger policy support.
