In 1999, the Oregon Legislature passed an electric industry restructuring law, SB 1149, with the intent of establishing a stable, consistent funding source for residential, commercial and industrial electric efficiency, renewable energy and market transformation programs [REF].
Energy Trust began operation in March 2002, charged with investing in cost-effective electric energy efficiency, helping to pay the above-market costs of renewable energy resources, implementing market transformation programs, delivering services with low administrative and program support costs and maintaining high levels of customer satisfaction.