The station was established in 1992 under the ownership of FBS Radio Network. At that time, it was known as Mellow Touch 94.7 with an easy listening format. In 2003, it went off the air after the station building caught fire, damaging the station's equipment, transmitter, and studio.
On April 12, 2004, UBSI acquired the station from FBS in exchange of selling its AM station in Mega Manila to the latter and moved Energy FM's operations to the said frequency. Prior to its move, Energy FM was previously on 90.7 FM from 1999 to 2003 and 89.1 FM from 2003 to 2004; both under airtime lease.
In 2009, Energy FM Cebu won the "People's Choice" Award for Cebu FM Radio in the 18th KBP Golden Dove Awards.[3]