§ 831m-1. — Tennessee Valley Authority leastcost planning program.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 16USC831m-1]
TITLE 16--CONSERVATION
CHAPTER 12A--TENNESSEE VALLEY AUTHORITY
Sec. 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.
(Pub. L. 102-486, title I, Sec. 113, Oct. 24, 1992, 106 Stat. 2798.)
Codification
Section was enacted as part of the Energy Policy Act of 1992, and
not as part of the Tennessee Valley Authority Act of 1933 which
comprises this chapter.