Establishing utility energy conservation efficiency standards

This bill establishes mandatory energy conservation efficiency standards for Montana investor-owned electric utilities, requiring them to implement programs that achieve specific energy savings targets. Utilities must conduct independent assessments every two years to identify cost-effective conservation opportunities and submit annual targets that cannot be lower than 1% of retail load. The Montana Utilities Commission will create rules to oversee program evaluation, fund allocation, and public communication while utilities must acquire all achievable energy conservation measures that are cost-effective for ratepayers. The legislation defines energy conservation investments to include efficient appliances, lighting, industrial equipment, and other demand-side programs that reduce electricity consumption.