(1) If an electric company invests moneys collected under ORS § 757.054 on new cost-effective local energy conservation, or if the nongovernmental entity described in ORS § 757.746 invests moneys paid to the nongovernmental entity under ORS § 757.054 on new cost-effective local energy conservation, and if the investment involves updating the energy efficiency of a residential or nonresidential building, the electric company, Oregon Community Power or the nongovernmental entity may make those investments by conducting a whole building assessment of the energy efficiency of the building and, in consideration of the whole building assessment, by maximizing the overall energy efficiency of the building. For purposes of this subsection, a ‘whole building assessment’ means a single assessment of savings opportunities, as identified by the Public Utility Commission by rule or order.

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(2) An investment described in subsection (1) of this section must be limited to an investment in a single project, as authorized by the commission by rule or order. [2013 c.383 § 1; 2021 c.547 § 5]

757.613 was enacted into law by the Legislative Assembly but was not added to or made a part of ORS Chapter 757 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.

[1961 c.691 3,11; part renumbered 757.652; 1971 c.655 § 98; renumbered 758.410]

[Formerly 758.060; renumbered 165.485]