(1) Except as provided in subsection (2) of this section, the Public Utility Commission may require as part of an investor-owned utility residential energy conservation program that, for dwelling owners with approved credit, the utility add to the periodic utility bill for the owner-occupied dwelling for which energy conservation measures have been provided pursuant to ORS § 469.631 to 469.645 an amount agreed to between the dwelling owner and the investor-owned utility.

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(2) The commission shall allow an investor-owned utility to charge or bill a dwelling owner separately from the periodic utility bill for energy conservation measures provided pursuant to ORS § 469.631 to 469.645 if that utility wishes to do so. [1981 c.778 § 5]