Page:United States Statutes at Large Volume 106 Part 4.djvu/62

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106 STAT. 2798 PUBLIC LAW 102-486—OCT. 24, 1992 16 USC 831m-l. SEC. 113. TENNESSEE VALLEY AUTHORITY LEAST-COST PLANNING PROGRAM. (a) IN GENERAL. —The Tennessee Valley Authority shall conduct a least-cost planning program in accordance with tiiis section. (b) CONDUCT OF PROGRAM. — (1) IN GENERAL.— In conducting a least-cost planning program under subsection (a), the Tennessee Valley Authority shall employ and implement a planning and selection process for new enei^ resources whidn evaluates the full range of existing and incremental resources (including new power supplies, ener^ conservation and efficiency, and renewable enei^ resources) m order to provide adequate and reliable service to electric customers of the Tennessee Valley Authority at the lowest s^tem cost. (2) PLANNING AND SELECTION PROCESS.— The planning and selection process referred to in paragraph (1) shall— (A) take into account necessary featiires for system operation, including diversity, reliability, dispatchability, and other factors of risk; (B) take into account the ability to verify ene^y savings achieved through energy conservation and emciency and the projected durability of such savings measured over time; and (C) treat demand and supply resources on a consistent and integrated basis. (3) S^nsTEM 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), 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-eCTective energy efficiency options. (2) ASSISTANCE. —The Tennessee Valley Authority shall provide appropriate assistance to distributors under paragraph (I)(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 migor new energy resource on the Tennessee Valley Authority system, the Tennessee Valley Authority shall provide