Al Ysrael, chairman of Tanota Partners, said the adoption of the code would hurt developers like himself when constructing new buildings.
said the Legislature, in approving the code, would be putting stricter regulations on the private sector without tackling a major source of the problem -- rising power rates at the Guam Power Authority.
said that although his
company has taken steps toward energy efficiency and independence, those savings have been lost because of the steady rate increases from the Guam Power Authority.
also said regulations such as these shouldn't be mandated by the Legislature but left to the business owner to decide.
"This is a business issue," Ysrael