Implementation Model: Least Cost Procurement Strategy

Cost Studies

Rhode Island established the principle of Least Cost Procurement as the key strategy to achieve the state’s ambitious energy savings and economic development goals. Least Cost Procurement prioritizes energy efficiency in state energy planning by directing the utility to invest in energy efficiency first whenever it proves cost-effective and less expensive than energy supply. Best practices in stakeholder engagement, utility motivation, sustainable funding, and program evaluation support energy efficiency as a driver of Rhode Island’s energy and economic success.

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