Defined term
Avoided-cost rate
An avoided-cost rate is a value based on costs a utility or system avoids because a specified increment of electricity or service is supplied by another resource.
Also known as utility avoided-cost rate
grid · Concept code GS-CONCEPT-065 · Last verified August 20, 2026
Definition and boundaries
Definition
An avoided-cost rate is a value based on costs a utility or system avoids because a specified increment of electricity or service is supplied by another resource.
Applicable jurisdiction: US; methods and rates vary
Definition claim verification: Verified August 20, 2026
In plain language
For Avoided-cost rate, the controlling utility tariff, interconnection document, meter arrangement, and jurisdiction matter more than a generic national description.
What it is not
It is not automatically the household retail rate, wholesale spot price, or one national value.
Decision context
Why it matters
The legal authority, resource, time, location, method, forecast, losses, capacity treatment, environmental values, and update schedule determine the applicable rate.
Applicable jurisdiction: US; methods and rates vary
Decision-context claim verification: Verified August 20, 2026
Information boundary
This page provides general educational context, not a site design, production guarantee, utility determination, contract interpretation, legal opinion, tax conclusion, or individualized financial advice. Verify property, equipment, utility, jurisdiction, program, and agreement details before acting.
Concept relationships
Broader concepts
- Electricity pricingPublished conceptAvoided-cost rate is a more specific concept under Electricity pricing
Affects
- Payback periodPublished conceptAvoided-cost rate can affect how Payback period is evaluated
Primary sources
- National Renewable Energy Laboratory: A Comprehensive Review of Distributed Photovoltaic Compensation Mechanisms
Revision NREL/TP-7A40-78058 · Source event as of February 1, 2021 · Ontology accessed August 7, 2026 · Ontology verified August 7, 2026
What to do next
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