BIZ BUZZ: McDonald’s PH finds way to bring down power bill

More than 200 McDonald’s Philippines stores are keeping their lights on at potentially lower prices.

Golden Arches Development Corp., the master franchise holder of McDonald’s in the local market, is joining the growing retail aggregation program (RAP), covering an initial 224 stores across Luzon.

EvoEnergi, an affiliate of the listed Lao family-led D&L Industries Inc., has emerged as the winning bidder in a recent auction to secure cost-efficient electricity for the stores.

RAP is an initiative allowing consumers or enterprises with multiple facilities that share a common area to consolidate their demand to meet the 500-kilowatt threshold.

“With RAP and EvoEnergi’s service, we have the ability to better plan, budget, and potentially realize savings on energy,” said Emanette Ong, McDonald’s Philippines vice president & head of Business Development Group.

Late last year, EvoEnergi also clinched a deal to provide power to five hotels in the popular tourist island of Boracay.