Mr. Garrett Blaney:

In terms of the importance of conservation, from our point of view it is good for the environment to conserve. However, given our system throughout the country, there is another reason for conservation. In many places, as the Chairman stated, we are running out of the infrastructure for the provision of services. Efficiency will defer capital costs. The value of that to consumers is significant. We like to encourage conservation, not only from the environment point of view but also because it can save money. We do not have to get debt from the international markets if we do not have to make those investments for some period of time. Anything we can do to defer that, particularly anything the members can do to encourage the message of the importance of efficiency, would be helpful.