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Definition of "Least Cost Alternatives" |
The lowest cost option for providing for incremental demands. In least cost planning to serve electric demands, the least cost alternatives are often construed broadly to include demand-side management as well as various generation and purchased power options. / The lowest cost option for providing for incremental demands. In least cost planning to serve electric demands, the least cost alternatives are often construed broadly to include demand side management as well as various generation and purchased power options. |
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