Security Bank recently held Sustainability Talks 2026: Energy Savings and Tax Incentives for a Greener Tomorrow, a forum for commercial clients to address rising energy costs and changing regulations. The event gathered regulators, industry experts and business leaders to discuss strategies for better energy management, cost reduction and compliance with the Energy Efficiency and Conservation Act (EECA).
Officials from the Department of Energy (DOE) and Board of Investments (BOI) shared key details. DOE director Patrick Aquino explained that the EECA and National Energy Efficiency and Conservation Plan (NECP) have streamlined processes such as net metering, while institutionalizing energy conservation as a national priority. BOI’s Romalyn Manalo-Herbosa outlined incentives under the Strategic Investment Priority Plan (SIPP), noting that projects achieving at least 15 percent energy savings may qualify for support.
Experts also discussed practical solutions including solar rooftop systems and energy monitoring technology. Solenergy Systems CEO Tom Peebles emphasized that successful implementation relies on accurate data on energy use to determine returns on investment and system design.
Security Bank representatives stated that sustainable energy is now a core business priority. The bank highlighted that financing options are available to support businesses at every stage of their transition, from renewable energy projects to energy-efficient infrastructure. The forum, held at the Asian Institute of Management in Makati City, is part of the bank’s ongoing effort to assist clients in adapting to sustainability and regulatory changes.
