BUILDING OWNERS are now required to source at least one percent of the building’s total demand from a renewable energy source.
Lylah Ledonio, Leechiu Property Consultants’ executive director and chair of the European Chamber of Commerce of the Philippines (ECCP) Real Estate Committee, said building owners or landlords need to be re-oriented on Republic Act 11285 or the Energy Efficiency and Conservation Law, which was passed in 2008. The implementing rules and regulations were approved in May 2019.
In adhering to the Energy Efficiency law’s key provisions, building owners can save on energy costs. Building owners with an annual consumption of at least 500,000 kilowatt hours are also required to employ a certified energy conservation officer.
Leechiu Property Consultants has partnered with the ECCP Real Estate Committee to conduct a briefing on Republic Act 11285 or the Energy Efficiency and Conservation Law, at 10 a.m. on June 4.
The briefing will be led by the Department of Energy’s Energy Utilization and Management Bureau director Patrick Aquino and Philippine Energy Efficiency Alliance President Alexander Ablaza.
Those interested in joining its June 4 forum may contact [email protected]. or [email protected].
Article and Photo originally posted by Business World last June 1, 2021, 12:03am.
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