Integrated Resource Planning

Integrated Resource Planning (IRP) is a comprehensive approach utility companies use to determine how best to meet future energy needs. It involves evaluating various options like building new power plants, investing in renewable energy, or improving efficiency. The goal is to create a reliable, affordable, and sustainable energy supply by balancing costs, environmental impacts, and customer demand. IRP considers current resources and predicts future trends, ensuring that energy decisions support long-term reliability and environmental responsibility while minimizing costs for consumers.