MAKATI CITY, 12 April 2021 – The Philippine Energy Efficiency Alliance (PE2) hosted its first Energy Efficiency Day event today, with a day-long webinar attracting up to 900 registrants from the Philippines and 31 other countries around the globe. This inaugural annual event marked the second anniversary of the enactment of Republic Act No.

(PE2 note: The Manila Times reports on the successful MAP webinar on the EE&C Act, supported by the Senate Committee on Energy, DOE and PE2.)

Institutionalizing the practice of energy efficiency and conservation would subsequently address demand problems in the next decade or so, according to industry stakeholders.

(PE2 note: Manila Bulletin’s Myrna Velasco reports on PE2’s position seeking the optimal income tax holiday incentive to make third-party EE and ESCO investments commercially viable under the incentive framework of E.O. 226 and RA 11285.)

Top tier incentives, primarily a six-year income tax holiday (ITH), is being sought for energy efficiency projects especially those that shall be undertaken by energy service companies (ESCOs).