In 2000 and 2001, the OPUC, along with interested parties, played a pivotal role in establishing the nonprofit Energy Trust of Oregon.
In 2001, Energy Trust formalized its structure by adopting articles of incorporation and bylaws, and appointed its inaugural executive director.
[2] Through the legislation, the collection of the 3% public purpose charge was extended from 2012 to 2026, and PGE and Pacific Power were allowed to seek additional electric efficiency funding above the 3% public purpose charge with the goal of avoiding the need to purchase more expensive electricity.
Energy Trust provides the OPUC with quarterly and annual reports measuring actual performance against the target metrics.
A volunteer, non-stakeholder board of directors oversees Energy Trust management, provides strategic and policy direction and approves the organization’s budget and major expenditures.