| 2. Programs. The commission shall develop and, to the extent |
| of available funds, implement conservation programs in accordance |
| with this section. The commission shall establish and, on a |
| schedule determined by the commission, revise objectives and an |
| overall energy strategy for conservation programs. Conservation |
| programs implemented by the commission must be consistent with |
| the objectives and an overall energy strategy developed by the |
| commission and be cost effective, as defined by the commission by |
| rule or order. In defining "cost effective," the commission may |
| consider the extent to which a program promotes sustainable |
| economic development or reduces environmental damage to the |
| extent the commission can quantify or otherwise reasonably |
| identify such effects. Consistent with the other requirements of |
| this section, the commission, in adopting and implementing |
| conservation programs, shall seek to encourage efficiency in |
| electricity use, provide incentives for the development of new, |
| energy-efficient business activity in the State and take into |
| account the costs and benefits of energy efficiency and |
| conservation to existing business activity in the State. |
