Update: The WV Legislature passed a compromise integrated resource planning bill in 2014. The language of the bill is available here. Quick Details:
More Information: Twenty-seven states have an integrated resource planning
process. A twenty-year planning horizon is most common
among states with an integrated resource planning process. The recommendations in an integrated resource plan are
not binding, but the utility must justify to regulators any departures from the
plan, particularly in rate cases. The graph below shows which states have Integrated Resource Planning. Integrated Resource, or Least Cost, planning is used by many state public service commissions to evaluate the costs and benefits of different power company plans for meeting electric power demand (including traditional power plants, small-scale generation and energy efficiency) to determine the right mix of resources to meet state needs at the lowest rates, while still providing reliable electric service. |
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