Real Economic Carrying Charge definition
Real Economic Carrying Charge or RECC means a measure of the per dollar savings of deferring an investment one year, taking into account the stream of replacement investments.
Real Economic Carrying Charge or RECC means a measure of the per dollar savings of deferring an investment one year.
Examples of Real Economic Carrying Charge in a sentence
Generation marginal capacity cost is based on the deferral value of a gas-fired combustion turbine (CT), with the installation cost annualized using SCE’s Real Economic Carrying Charge (RECC) methodology, yielding a generation marginal capacity cost of $74.69 per kW per year which is allocated to TOU periods by the loss of load probability measure.