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Transfer of Powers and Functions. – The powers and functions of the Energy Coordinating Council and the Office of Energy Affairs are hereby transferred to the Department.
The foregoing transfer of powers and functions shall include all applicable funds and appropriations, records, equipment, property, and personnel as may be necessary.
The same shall apply to agencies and government units which have not been abolished but whose functions have been transferred to the Department.
As the successor-in-office of the Office of Energy Affairs, the Department shall administer the activities of the Technology Transfer for Energy Management (TTEM) project. For this purpose, the Department shall continue the utilization of all funds, monies, interests, reflows, and properties outstanding and accruing from the TTEM project upon its termination for the following purposes:
(a) To finance energy conservation projects of industrial and commercial establishments;
(b) To monitor implemented sub-projects and document the actual energy savings generated; and
(c) To disseminate information on implemented sub-projects through case studies and seminars/workshops so as to encourage replication by other industrial and commercial establishments.
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