Rural electric cooperatives provide power for huge swaths of the country, providing electricity to 56% of the United States’ landmass. And now, thanks to federal clean energy tax incentives, they could cut consumer costs in low-income communities across the country.
Non-profit and member-owned, they were established in the 1930s via the Rural Electrification Act and serve more than 90% of the nation’s persistent poverty counties. For the regions they serve, rural electric cooperatives are indispensable, with power generation inextricably linked to economic prosperity.
A new analysis shows these rural cooperatives could reduce energy costs by 15-20% from today’s levels by adopting clean energy, with the least cost energy pathway delivering 80-90% clean electricity within the next decade.
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