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This detailed study describes the range of technical alternatives for energy conservation-otherwise known as demand-side management-and discusses the diversity of federal and state policies that encourage or discourage these practices. The report describes demand-side management measures and the financial risks that conservation imposes on electrical utilities. The report also evaluates the role of federal and state governments in energy conservation, with a special focus on regulations in all fifty states and the direction of demand-side management policy in Texas. A summary examines the environmental externalities associated with conserving energy.
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