Energy efficiency to save PH trillions of pesos

INSTITUTING a policy on energy efficiency and conservation to head off growing demand and increased cost of power can save the Philippines trillions of pesos over the next 12 years, Senator Sherwin Gatchalian said on Wednesday.

Having energy efficiency and conservation strategies in place “will not only achieve much-needed savings for the government, but it can also significantly bring down the prices of electricity and give consumers extra money in their pockets to spend for other basic necessities,” Gatchalian told members of the American Chamber of Commerce of the Philippines.