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The Pag-IBIG Fund earned a five-star rating from the Department of Energy (DOE) for its implementation of electricity and fuel-saving measures in compliance with the government’s energy conservation (enercon) program.

The energy audit team from the DOE gave the Pag-IBIG Fund a five-star rating with a total score of 94%--equivalent to the highest rating, or grade “A”—for energy consciousness after conducting a spot check of its corporate headquarters at the Atrium Building, Makati last April.

The so-called “energy police” found that Pag-IBIG has complied with the first requirements under the enercon program by designating Juliet L. Fajardo-Llanes, Vice President-Administration Groups, as energy conservation officer, and by releasing an office issuance on the implementation of conservation measures in all its offices nationwide.

The spot check revealed Pag-IBIG’s near-perfect compliance with all the measures directed by the government to reduce the consumption of electricity and fuel. Almost all the office areas inspected by the audit team complied with the required setting of not lower than 25 degrees Celsius for the air-conditioning system. Aircon units were also observed being operational from 9:00 am up to 4:00 pm only, and set to fan mode during lunch break.

Pag-IBIG was also found to be fully-compliant with all the fuel-saving measures, namely, recording of inventory list and service vehicles assigned to particular officials, fuel monitoring for every vehicle, implementation of the dispatching system and trip ticket requirement, listing of preventive maintenance schedules, non-idling of vehicles in the parking areas, and the use of CME (biodiesel) in all the diesel-fueled vehicles.

From September 2005 to April 2006, the Fund was able to save 637,117 kWh (kilowatt-hours) equivalent to P5.21 million and 27 percent savings in electricity consumption.

Senior Deputy Executive Secretary Waldo Q. Flores personally posted the compliance sticker from Malacañang and the DOE on the door to Pag-IBIG’s office of the CEO, indicating the Fund’s enercon rating.

Pag-IBIG President and CEO Romero S. Quimbo said that the high rating earned by the corporate headquarters “should serve as an inspiration to our other branches to carry out all means to save our members’ money.”

“This rating is a testament to the Fund’s drive to operate as efficiently as possible while meeting our targets. This shows that they take their jobs seriously as fund managers, and are conscientious in looking after our members’ money,” he said.

The energy conservation program did not hamper Pag-IBIG’s 2005 performance as it ended the year with P7.38 billion in net income, P15.291 billion disbursed to individual housing loan borrowers, and P18.542 billion worth of short-term loans granted to 1,292,558 members—all record-breaking accomplishments for the 25-year old institution.

The Pag-IBIG Fund implemented its enercon program pursuant to Administrative Orders 103, 110 and 126 issued by Malacanang to cut down the government’s energy use by 10% in response to the escalating prices of crude oil. (end)