A major component of the Full Cost of Electricity is recurring (e.g., annual) operation and maintenance expenditures required to effectively and reliably generate electricity and deliver it to the end user.
Operating expenditures include fuel, operation and supervision engineering labor, the cost of electric energy consumed by generation and delivery equipment, and the cost of environmental monitoring and controls. Maintenance expenditures include the cost of maintaining the operability of existing generation, delivery, and other infrastructure.
The Full Cost of Electricity study seeks to quantify the operating and maintenance costs of the electricity system and how they affect decisions and interactions with other cost factors to determine the total direct and indirect costs of electricity.
Related Energy Institute Publications
Trends in Transmission, Distribution, and Administration Costs for U.S. Investor Owned Electric Utilities
Click here to access the data used in this White Paper.
The Levelized Cost of Electricity in Microgrids
State-level Financial Support for Electricity Generation Technologies
Unit-commitment, dispatch, and capacity expansion modeling of ERCOT