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

• Seller will not make any changes in its ownership, control, or management during the term of this Agreement that would cause it to not be in compliance with the definition of a Small Cogeneration Facility or Small Power Production Facility provided in PacifiCorp’s Standard Avoided Cost Rates Schedule approved by the Commission at the time this Agreement is executed.

• These ownership requirements, as well as the dispute resolution provision governing any disputes over a QF’s entitlement to the standard rates and standard contract with respect to the requirements, are detailed in Standard Avoided Cost Rates Schedule.

• Distributed Generation Rate (DG-1): • For all kWh purchased by COOPERATIVE ENERGY, $0.045/kWh. Rate Components considered in the development of the DG-1 Rate: • Cooperative Energy Avoided Cost: Cooperative Energy projected annual Avoided Cost of energy.

• If the non-residential Participant is not offsetting any load or meet the stated capacity limits, they will be eligible only for Cooperative Energy Avoided Cost payment.

• If the non-residential Participant is not offsetting any on-site load, they will only be eligible for the Cooperative Energy Avoided Cost payment.

More Definitions of Avoided cost

Avoided cost means the reduction in a without-project future condition cost that would occur as a result of a proposed project.

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 to the extent that a distribution cooperative is an all-requirements power supply customer of a generation and transmission cooperative or other wholesale power supplier, the distribution cooperative's avoided costs are the generation and transmission cooperative's or wholesale power supplier's avoided cost;

Avoided cost means the incremental cost that an electric utility would incur towards meeting its anticipated power demand if such utility does not buy power from a Private Sector Generation Facility (PSGF).

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

Avoided cost means the incremental cost to the Cooperative of electric energy or capacity or both which, but for the purchase from the Qualifying Facility or Qualifying Facilities, the Cooperative would generate itself or purchase from another source.