CPUC

Total Resource Cost (TRC)

A regulatory concept used to represent the total net costs of a resource decision. The TRC is used by the California Public Utilities Commission (CPUC) and other regulatory jurisdictions as one of several benchmarks used to evaluate the cost-effectiveness of various programs, measures, and strategies.

TRC

Total Resource Cost

First Costs

The total initial costs for acquiring an asset, or to permit, design, procure and install equipment, and to develop and construct a facility.

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