38.5.2007    LEAST COST RESOURCE PLANS

(1) Plans which are consistent with the overall goal and definition of integrated least cost resource planning and acquisition will not concentrate solely on minimizing dollar costs, but will also consider the impacts on society and the environment over the long-term. Least cost resource plans should seek to provide the best balance of the following non-all-inclusive list of objectives:

(a) minimize the societal cost of producing energy services,

(b) minimize the costs of risk not incorporated into the formal cost analysis,

(c) minimize the environmental and other external costs not incorporated into the formal cost analysis,

(d) maintain economical levels of service reliability which incorporate consideration of customers' value of service reliability, and

(e) distribute costs and benefits in an equitable manner.

History: 69-3-103, MCA; IMP, 69-3-102, 69-3-106(1), 69-3-201, MCA, ARM 38.5.2001; NEW, 1992 MAR p. 2764, Eff. 12/25/92.