
Integrated Resource Plan
An Integrated Resource Plan (IRP) is a strategic blueprint used by utility companies to determine how best to meet future energy needs. It considers various options like different sources of electricity—such as coal, natural gas, solar, and wind—along with energy efficiency measures. The goal is to ensure reliable, affordable, and sustainable power over the coming years while balancing costs, environmental impacts, and technological advances. The IRP involves careful forecasting and planning to align resources with demand, helping utilities make informed decisions about investments and infrastructure development to serve customers effectively.