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U.S. Code as of:
01/19/04
Section 831m-1. Tennessee Valley Authority least-cost planning program
(a) In general
The Tennessee Valley Authority shall conduct a least-cost
planning program in accordance with this section.
(b) Conduct of program
(1) In general
In conducting a least-cost planning program under subsection
(a) of this section, the Tennessee Valley Authority shall employ
and implement a planning and selection process for new energy
resources which evaluates the full range of existing and
incremental resources (including new power supplies, energy
conservation and efficiency, and renewable energy resources) in
order to provide adequate and reliable service to electric
customers of the Tennessee Valley Authority at the lowest system
cost.
(2) Planning and selection process
The planning and selection process referred to in paragraph (1)
shall -
(A) take into account necessary features for system
operation, including diversity, reliability, dispatchability,
and other factors of risk;
(B) take into account the ability to verify energy savings
achieved through energy conservation and efficiency and the
projected durability of such savings measured over time; and
(C) treat demand and supply resources on a consistent and
integrated basis.
(3) "System cost" defined
As used in paragraph (1), the term "system cost" means all
direct and quantifiable net costs for an energy resource over its
available life, including the cost of production, transportation,
utilization, waste management, environmental compliance, and, in
the case of imported energy resources, maintaining access to
foreign sources of supply.
(c) Participation by distributors
(1) In general
In conducting a least-cost planning program under subsection
(a) of this section, the Tennessee Valley Authority shall -
(A) provide an opportunity for distributors of the Tennessee
Valley Authority to recommend cost-effective energy efficiency
opportunities, rate structure incentives, and renewable energy
proposals for inclusion in such program; and
(B) encourage and assist such distributors in the planning
and implementation of cost-effective energy efficiency options.
(2) Assistance
The Tennessee Valley Authority shall provide appropriate
assistance to distributors under paragraph (1)(B). Such
assistance shall, where cost effective, be provided by the
Tennessee Valley Authority acting through, or in cooperation
with, an association of distributors. Such assistance may include
publications, workshops, conferences, one-on-one assistance,
financial assistance, equipment loans, technology assessment
studies, marketing studies, and other appropriate mechanisms to
transfer information on energy efficiency and renewable energy
options and programs to customers.
(d) Public review and comment
Before the selection and addition of a major new energy resource
on the Tennessee Valley Authority system, the Tennessee Valley
Authority shall provide an opportunity for public review and
comment and shall include a description of any such action in an
annual report to the President and Congress.
(e) Exemption from certain requirements
The Tennessee Valley Authority shall not be subject to the
least-cost planning requirements contained in section 2621(d) of
this title or any similar requirement which might arise out of the
Tennessee Valley Authority's electric power transactions with the
Southeastern Power Administration.
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