Least cost planning definition

Least cost planning means a process of comparing direct and indirect costs of demand and supply options to meet transportation goals and/or policies where the intent of the process is to identify the most cost-effective mix of options.
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Least cost planning means the use of best available
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Least cost planning means a planning approach which will find the set of options most likely to provide utility services at the lowest cost once appropriate service and reliability levels are determined.
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Examples of Least cost planning in a sentence

  • Least cost planning studies resulted in the construction of Larsen Unit No. 8, a natural gas fired combined cycle unit with a nameplate generating capability of 124,000 kW.

  • Least cost planning has emerged as the way forward for water utilities in regions where water conservation has become an objective or where ongoing supply expansion is constrained (Fane et al, 2004).

  • Least cost planning originated in the energy sector in the United States during the 1980’s for comparing energy conservation programs with increased generation from sources of supply (Beecher, 1996).

  • Least cost planning should be the cornerstone of any policy, before any other factors are considered.

  • Least cost planning, as the Commission defined it at the time, “refers to efforts by utilities and regulators to ensure that the lowest cost options to the ratepayers and utilities are integrated into the designing resource plans for the provision of energy services to customers.” Order No. 87-569.

  • Least cost planning, using appropriate software, geographical information systems, energy and socio-economic statistics, aerial maps and meteorological data will be carried out.

  • Least cost planning is a lot like exercising and eating vegetables: it’s the hard work that pays off when difficult decisions need to be made.

  • This order amends the following sections of the Washington Administrative Code: Amending WAC 480-90-238 Least cost planning and 480-100-238 Least cost planning.

  • Least- cost planning dominated the IRP landscape for many years; however, several states have introduced least-risk planning and metrics as a way to gauge the potential for long-term rate stability.

  • Least cost planning brought together our environmental and economic objectives that have broad support across the political spectrum.


More Definitions of Least cost planning

Least cost planning means measures which the licensee is able to takemeasures" which would encourage the efficient use or conservation of electricity by consumers of electricity so as to reduce or constrain demand for electricity and so postpone or remove the necessity for new generation capacity to be commissioned;
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Related to Least cost planning

  • Stormwater management planning area means the geographic area for which a stormwater management planning agency is authorized to prepare stormwater management plans, or a specific portion of that area identified in a stormwater management plan prepared by that agency.

  • Direct Cost means a cost not to exceed the cost of labor, material, travel and other expenditures to the extent the costs are directly incurred to provide the relevant assistance or service. “Direct Cost” to the Acquirer for its use of any of a Respondent’s employees’ labor shall not exceed the average hourly wage rate for such employee;

  • Development Cost means the total of all costs incurred in the completion of a Development excluding Developer Fee, operating deficit reserves, and total land cost as typically shown in the Development Cost line item on the development cost pro forma.

  • Family planning services means services for clients of child bearing age (including minors who can be considered to be sexually active) who desire such services and that are intended to prevent pregnancy or otherwise limit family size.

  • Concurrent planning means to work toward reunification of the child with the family while at the

  • Stormwater management planning agency means a public body authorized by legislation to prepare stormwater management plans.

  • training allowance means an allowance (whether by way of periodical grants or otherwise) payable—

  • CAFRA Planning Map means the map used by the Department to identify the location of Coastal Planning Areas, CAFRA centers, CAFRA cores, and CAFRA nodes. The CAFRA Planning Map is available on the Department's Geographic Information System (GIS).

  • Training costs means reasonable costs incurred to upgrade the technological skills of Full-Time Employees in Illinois and includes: curriculum development; training materials (including scrap product cost); trainee domestic travel expenses; instructor costs (including wages, fringe benefits, tuition and domestic travel expenses); rent, purchase or lease of training equipment; and other usual and customary training cots. “Training costs” do not include, except where the Company receives prior written approval of the Department, costs associated with travel outside the United States, wages and fringe benefits of employees during periods of training, administrative costs related to Full-Time Employees of the Taxpayer, or amounts paid to an affiliate of the Company.

  • Water Year means the period commencing with October 1 of 1 year 20 and extending through September 30 of the next; and

  • Basic Comprehensive User Guide means the Ministry document titled Basic Comprehensive Certificates of Approval (Air) User Guide” dated April 2004 as amended.

  • Total Development Cost means the total of all costs incurred in the completion of a Development, all of which shall be subject to the review and approval by the Credit Underwriter and the Corporation pursuant to this rule chapter, and as further described in Rule 67-48.0075, F.A.C.

  • FTE Cost means, for any period, the FTE Rate multiplied by the number of FTEs in such period.

  • Patient cost means the cost of a medically necessary health care service that is incurred as a result

  • Health planning region means a contiguous geographical area of the Commonwealth with a

  • Improvement Costs means any additional expenditure on a fixed asset that materially increases the capacity of the asset or materially improves its functioning or represents more than 10% of the initial depreciation base of the asset;

  • Operating Cost means the costs associated with operating a multifamily development once the project is placed in service.

  • Indigenous Peoples Planning Framework or “IPPF” means the indigenous peoples planning framework for the Investment Program, including any update thereto, agreed between the Borrower and ADB and incorporated by reference in the FFA;

  • Enrollee point-of-service cost-sharing means amounts paid to

  • Stormwater management plan means the set of drawings and other documents that comprise all the information and specifications for the programs, drainage systems, structures, BMPs, concepts and techniques intended to maintain or restore quality and quantity of stormwater runoff to pre-development levels.

  • Direct Costs means the sum of the following:

  • Soft Costs means the costs of professional work and fees, interim costs, financing fees and expenses, syndication costs, soft costs and Developer’s fees as shown in the Applicant’s properly completed UniApp, Section C - Uses of Funds. Soft Costs do not include operating or replacement reserves.

  • Spatial Planning and Land Use Management Act means the Spatial Planning and Land Use Management Act, 2013 (Act 16 of 2013);

  • Indirect cost means any cost not directly identified with a single final cost objective, but identified with two or more final cost objectives or with at least one intermediate cost objective.

  • Basic living expenses means the cost of basic food, shelter, and any other expenses of a Domestic Partner which are paid at least in part by a program or benefit for which the partner qualified because of the Domestic Partnership. The individuals need not contribute equally or jointly to the cost of these expenses as long as they agree that both are responsible for the cost.

  • Clinical nurse specialist means a registered nurse with relevant post-basic qualifications and 12 months’ experience working in the clinical area of his/her specified post-basic qualification, or a minimum of four years’ post-basic registration experience, including three years’ experience in the relevant specialist field and who satisfies the local criteria.