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Read the text and answer the multiple-choice question by selecting the correct response. Only one response is correct.
Declines in Renewable Energy Pricing
Declines in renewable energy pricing are creating opportunities for electric cooperatives in the U.S. to deliver cost savings to their members. However, this is also creating risks for those utilities that are slower to transition to these technologies, according to a new study. Electric cooperatives have proposed retiring significant coal capacity and generating 55 percent of their energy from wind and solar resources by 2026. This would likely result in net customer cost savings, because of the highly competitive bids for wind and solar energy. The long-term fixed prices for new wind and solar projects beat the operating costs of many existing coal assets in the West.
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