least cost option
Defined in 1 dictionary — U.S. Code
United States Code
42 U.S.C. § 7275 — in this section
The term “least cost option” means an option for providing reliable electric services to electric customers which will, to the extent practicable, minimize life-cycle system costs, including adverse environmental effects, of providing such service. To the extent practicable, energy efficiency and renewable resources may be given priority in any least-cost option.