Reconfigurable intelligent surfaces (RISs) are potential enablers of future wireless communications and sensing applications and use-cases. The RIS is envisioned as a dynamically controllable surface that is capable of transforming impinging electromagnetic waves in terms of angles and polarization. Many models has been proposed to predict the wave-transformation capabilities of potential RISs, where power conservation is ensured by enforcing that the scattered power equals the power impinging upon the aperture of the RIS, without considering whether the scattered field adds coherently of destructively with the source field. In effect, this means that power is not conserved, as elaborated in this paper. With the goal of investigating the implications of global and local power conservation in RISs, work considers a single-layer metasurface based RIS. A complete end-to-end communications channel is given through polarizability modeling and conditions for power conservation and channel reciprocity are derived. The implications of the power conservation conditions upon the end-to-end communications channel is analyzed.