Meaning Avoided costs
What does Avoided costs mean? Here you find 3 meanings of the word Avoided costs. You can also add a definition of Avoided costs yourself
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Avoided costsIncremental costs that a utility would incur to purchase or generate electricity if it did not purchase electricity from an independent power project (IPP).
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Avoided costsCosts a utility would otherwise have to pay to generate electricity if purchased from another source.
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Avoided costsSolid waste management cost savings compared to disposal, resulting from a recycling or waste reduction program.
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