Avoided cost definition
Avoided cost means the incremental cost to an electric utility of electric energy or capacity which, but for the purchase from the qualifying facility, such utility would generate itself or purchase from another source.
Avoided cost means the cost the utility would have to pay to provide energy and capacity from alternative sources of supply available to utilities as calculated pursuant to the formulas in subrules 35.9(7) and 35.10(4).
Avoided cost means the incremental or marginal cost to a utility of energy or capacity, or both, not incurred by a utility if an alternative supply-side resource or demand-side resource is included in the utility's IRP.
Examples of Avoided cost in a sentence
The 2007 forward flat block Mid-C market price used in the residential exchange settlement is equal to $58.46/MWh and the FY 2007-2009 flat PF preference rate is equal to $25.87/MWh, resulting in a Proxy for Avoided cost of $42.17/MWh. Renewable Energy Certificates (RECs): See Environmental Attributes.
Avoided cost for electric savings was determined by dividing the total annual electric cost (minus standard monthly meter charges) by the total electric usage.
Avoided cost rate shall be determined periodically based on the avoided cost of wholesale energy.
More Definitions of Avoided cost
Avoided cost is the incremental cost to an electric utility of electric energy or capacity or both, which, but for the purchase from the qualifying facility or qualifying facilities, such utility would generate itself or purchase from another source, as provided in 18 C.F.R. Section 292.101 (b) (ii) (6).
Avoided cost means the reduction in a without-project future condition cost that would occur as a result of a proposed project.
Avoided cost means the cost the Distribution Network Operators have incurred when it generate electricity itself or sourced it from another source;
Avoided cost means the cost the utility would have to pay to provide energy and capacity from alternative sources of supply available to utilities as calculated pursuant to subparagraphs 35.5(4)“l”(7) and 35.5(4)“m”(4).
Avoided cost. For the purposes of this Agreement, "Avoided Cost" shall be equal to the time period weighted average cost of energy as reflected in Edison's Published avoided cost plus the Base Capacity Price converted to d/kWh. If no applicable Published avoided cost of energy or Base Capacity Price is available, an avoided cost of energy and Base Capacity Price shall be determined in a manner consistent with the methodology used for the most current avoided cost of energy and Base Capacity Price.
Avoided cost means the Southwest Power Pool Integrated Marketplace Day Ahead Locational Marginal Price, or a weighted average thereof, at a load hub or pricing node as reasonably determined by GRDA to approximate GRDA’s avoided cost resulting from the output of one or more Community Solar resources.
Avoided cost means the incremental cost to retail electricity