969A6CFC3E286549872582500064D902 Hearing Summary

Ravi Malhotra, International Center for Appropriate and Sustainable Technology (ICAST), introduced himself to the committee and provided the committee with a background of ICAST. Mr. Malhotra responded to questions from the committee regarding policy recommendations. He stated that utility models should change and be tailored to goals of the utilities. He discussed the difference between efficiency and conservation in energy production. He responded to further questions regarding a change in utilities' business models.