Aside from being in compliance with laws such as the Energy Efficiency Conservation (EEC) Act, employing energy efficiency strategies explicitly provide sustainability incentives. Additionally, fiscal incentives also serve as an appeal to employ energy efficiency actions. From an economic perspective, an important driver that helps gain back investments in energy efficiency is high power rates in the Philippines, which allow for shorter and faster payback periods in comparison to other markets.
At the Forum on Understanding Fiscal Incentives for Energy Efficiency Actions, the ability of businesses to gain both sustainability and fiscal incentives through undertaking energy efficiency programs and projects will be highlighted. This is an important determinant for businesses to invest in energy efficiency that will lead towards the future of sustainability.
With the theme "Building a Competitive, Sustainable and Resilient Energy Future," the ECCP 2021 Energy Smart Forum Series aims to provide an avenue for discussions on the collaborative efforts of energy stakeholders to support business continuity and productivity as well as to access emerging business opportunities in the energy sector.