PUBLIC LAW 102-486—OCT. 24, 1992 106 STAT. 2799 an opportunity for public review and comment and shall include a description of any sudi action in an annual report to the President and Congress. (e) £bcEMPnoN FROM CERTAIN REQUIREMENTS.—The Tennessee Valley Authority shall not be subject to the least-cost planning requirements contained in section 111(d) of the Public Utihty Regulatory Policies Act of 1978 or any similar requirement which might arise out of the Tennessee Valley Authoritys electric power transactions with the Southeastern Power Administration. SEC. 114. AMENDMENT OF HOOVER POWER PLANT ACT. Title II of the Hoover Power Plant Act of 1984 (42 U.S.C. 7275-7276, Public Law 98-381) is amended to read as follows: TITLE II—INTEGRATED RESOURCE PLANNING "Sec. 201. Definitioiis. "Sec. 202. Regulations to require integrated resource planning. "Sec. 203. Tedmical assistance. "Sec. 204. Integrated resource plans. "Sec. 206. Miscellaneous provisions. ••SEC. 201. DEFINITIONS. 42 USC 7275. "As used in this title: "(1) The term 'Administrator' means the Administrator of the Western Area Power Administration. "(2) The term 'integrated resource planning* means a planning process for new energ;^ resources that evaluates the full range of alternatives, inclucung new generating capacity, power Surdiases, energy conservation and efiGdent^, cogeneration and istrict heating and cooling applications, ana renewable energy resources, in order to provide adequate and reUable service to ite electric customers at the lowest system cost. The process shall take into account necessary features for system operation, such as diversity, reliabilily, dispatchabili^, and other factors of risk; shall take into account the ability to verify energy savings achieved through eneny conservation and efiELciency and the projected durability or such savings measured over time; and shall treat demand and supply resources on a consistent and integrated basis. "(3) The term least cost option' means an option for providing reliable electric services to electric customers whicn will, to the extent practicable, minimize life-<7cle system coste, including adverse environmental efiecte, of providing such service. To the extent practicable, energy efficiency and renewable resources may be given priority in any least-cost option. "(4) The term long-term &rm power service contract' means any contract for the sale by Western Area Power Administration of nrm capacity, with or without energy, which is to be delivered over a period of more than one year. "(5) The terms 'customer* or 'customers' means any entity or entities purchasing firm capacity with or without energy, from the Western Area Power Administration under a longterm firm power service contract. Such terms include parenttype entities and their distribution or user members. "(6) For any customer, the term 'applicable integrated resource plan' means the integrated resource plan approved by the Administrator under this title for that customer.
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