Least cost technology definition
Least cost technology means the technology, or mix of technologies, that would be chosen in the long run as the most economically efficient choice, provided that the choice of least cost technologies is:
Least cost technology means the technology, or mix of technologies, that would be chosen in the long run as the most economically efficient choice. The choice of least cost technologies, however, shall: (a) be restricted to technologies that are currently available on the market and for which vendor prices can be obtained; (b) be consistent with the level of output necessary to satisfy current demand levels for all services using the basic network function in question; and (c) be consistent with overall network design and topology requirements.
Least cost technology means the technology, or mix of