The Tariff B adjustment is intended to support a more sustainable electricity tariff structure while encouraging businesses to use electricity more efficiently, better manage their consumption, and reduce unnecessary energy use. The adjustment may also encourage greater adoption of renewable energy solutions, including solar photovoltaic systems and Brunei Darussalam's Net Metering Programme, which allows eligible solar users to export excess electricity to the national grid in exchange for energy credits. To help businesses assess these opportunities, the session provided participants with practical insights into solar energy investments, covering installation requirements, potential electricity savings, estimated payback periods, available government initiatives, and key considerations for businesses exploring renewable energy solutions.

Held at the Baiduri Enterprise Hub in collaboration with the Department of Energy, Upstream and Downstream (DoEUD) and Solara X, the workshop brought together representatives from 11 companies across a range of sectors, including real estate development and wholesale trade industries. With many of these businesses operating warehouses and commercial premises, the session provided an opportunity to better understand how solar energy could fit into their operations and whether the potential long-term benefits would justify the initial investment.

Participants heard from Siti Sarah Awang Haji Yusop of DoEUD, who provided an overview of the Net Metering Programme and the broader initiatives supporting renewable energy adoption in the country. Building on those insights, Ian Ong, CEO of Solara X, presented local business case studies and practical perspectives on implementing solar solutions, sharing examples of how businesses can evaluate opportunities and assess their suitability for different operational requirements.

Abigail Leong, Head of Sustainability at Baiduri Bank, said: "When businesses think about solar energy, the first questions are usually: does it make sense for my business? How much will it cost? How much can I save? This workshop is about helping businesses answer those questions by providing practical insights, expert perspectives, and a clearer understanding of the options available to them as they adapt to a changing operating environment."

The workshop also highlighted the role that financial institutions can play in supporting businesses as they explore renewable energy investments. Baiduri Bank remains committed to working closely with its clients to better understand their financing needs and explore suitable solutions that may help support the upfront investment required.

Beyond the potential financial benefits, the initiative reflects the Bank's broader commitment to supporting businesses in building more sustainable and resilient operations. It also aligns with national efforts under the Brunei National Climate Change Policy, particularly Strategy 4, which targets at least 30% renewable energy in the country's total power generation capacity mix by 2035.

The initiative forms part of Baiduri Greenprint, the Bank's environmental, social and governance framework. Under its Planet pillar, the Bank seeks to support practical solutions that contribute to a more sustainable and resilient future for businesses and communities.

For more information on Baiduri Bank's sustainability initiatives, visit www.baiduri.com or refer to the Bank's latest Sustainability Report.