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  3. the generic company is planning installation of another energy source...

Question: the generic company is planning installation of another energy source...

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The Generic Company Is planning Installation of another energy source. Their time horlzon and energy usage are uncertain but they expect to be in buslness for quite a while. Generic can elther modify Its present system, based on fossl fuels, for a cost of only $3,000 and stay with that, or eise try one of two systems based on renewable resources: wind or solar A solar-powered system would have an Instaแation cost of $15,000 and a wind-powered system, would cost $20,00) up front. However, each 1000KW-hrs of energy used by Generic will cost an additional $260 for the fossl fuel system, $90 for the solar-powered system, and $70 for the wind-powered system. 0 Which energy source is preferable in the long run, and why? [ Select ) () Up to how much energy usage (in units of 1000KW-hrs.) would Generlcs needs be most cheaply met using fossil ftuels? ( Select ) iI) For what range of energy usage, if any, is the solar-powered system best? (Select)
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