Private sector urged to conserve energy

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BANGKOK, 8 May 2012  – The Department of Alternative Energy Development and Efficiency (DEDE) is determined to attract 1,000 businesses to join its energy conservation project, aimed at reducing energy cost and the nation’s budget in the long run. 

DEDE Deputy Director-General Twarath Sutabutr has revealed that the department is set to propose the VA Energy Beyond Standards project to the Joint-Standing Committee on Trade, Industries and Banking; with the objective of encouraging the three sectors to join hands in energy conservation. The participation of the private sector will contribute to the country’s success in conserving energy, cutting down energy cost, lowering electricity peak demand during Summer, and reducing the nation’s budget in the long run.

Based on a Voluntary Agreement (VA) system, the DEDE is set to invite 1,000 businesses to join the project. Additionally, participating businesses will enjoy tax privileges and a 20% grant from the Energy conservation equipment promotion project to encourage investment.

Mr. Twarath said that energy conservation should begin with the industrial and service sectors as they account for 44% of the country’s overall energy consumption.

For more information on the project, interested parties are welcomed to visit the VA Energy beyond standards facebook fanpage. Applications are accepted until June 1.