Aligning Rate Design Policies with Integrated Resource Planning

John Stutz

In recent years, the managers and regulators of public utilities have increasingly adopted the principles of integrated resource planning (IRP) as a means of providing energy services to customers at the lowest total cost to society. This report, prepared for the Committee on Energy Conservation of the National Association of Utility Commissioners, evaluates the interplay between IRP and rate design, two major tools for influencing consumer demand and lowering the total costs of utility systems.