69-3-703. Utility investment in or purchase of conservation — approval by commission. (1) A utility may:

Terms Used In Montana Code 69-3-703

  • Commission: means the Montana public service commission created in 2-15-2602. See Montana Code 69-3-701
  • Conservation: means any reduction in electric power or natural gas consumption as a result of investment in measures that increase the efficiency of electricity or gas use in building shells, space heating or cooling equipment, water heating equipment, or refrigeration equipment or other cost-effective measures which, over its economic life meet the criteria of 69-3-702. See Montana Code 69-3-701
  • Person: includes a corporation or other entity as well as a natural person. See Montana Code 1-1-201

(a)purchase conservation from a person or private firm; or

(b)directly engage in conservation investments.

(2)The conservation purchases or investments provided for in subsection (1) are subject to approval by the commission.

(3)Cost-effective conservation measures approved by the commission may, at the customer’s discretion, be installed by:

(a)a person or a private firm;

(b)the customer; or

(c)the utility.