CPUC

TRC

Total Resource Cost

Total Resource Cost (TRC)

The TRC is 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.

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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