Cebu-based bakery giant Julie’s Bakeshop has officially partnered with COREnergy, the retail electricity arm of Vivant Energy Corp., to secure a customized power supply for its main commissary operations. The agreement aims to streamline energy procurement for the iconic brand, giving its central facilities greater control over operational costs as part of a broader strategy to maintain long-term financial resilience.
Food manufacturing chains across the Philippines continue to navigate an economic environment shaped by fluctuating ingredient prices, rising labor expenses, and logistics hurdles. While ingredients like flour and fuel often dominate discussions about production overhead, utility costs represent one of the largest controllable expenses for heavy commercial operations. By shifting its power supply to COREnergy through the country’s Retail Competition and Open Access framework, Julie’s Bakeshop can lock in tailored electricity solutions, optimize its load profiles, and mitigate the impact of volatile utility rates.
The move holds significant operational importance for the nationwide chain, as its commissaries serve as the backbone of its business. These central hubs are responsible for batch production, quality assurance, and distribution, ensuring that hundreds of neighborhood branches across the country consistently receive standard ingredients and baked goods. Stabilizing utility costs at these high-demand facilities helps safeguard retail pricing for everyday consumers while protecting bottom-line margins.
Executives from both companies sealed the alliance, emphasizing a shared commitment to local industry growth and sustainable operational practices. For Julie’s Bakeshop, the financial predictability gained from the energy agreement frees up capital that can be reinvested into facility modernizations, efficiency upgrades, and network expansion. Meanwhile, the contract strengthens Vivant Energy’s market presence in retail power distribution, highlighting a growing trend among major enterprise brands to take proactive control of their energy sourcing.
with additional report: https://insiderph.com/
