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While utility services are available most of the time, there are many organizations with critical operations that cannot afford any downtime such as hospitals, military bases, and manufacturing and research facilities.
In addition, there is growing concern about our country’s aging electrical infrastructure, which many experts say is less resilient to storms and modern-day security risks. Significant power outages are on the rise…increasing from 76 in 2007 to 307 in 20111, impacting personal safety and costing billions.
Because losing power means losing significant revenue, energy resiliency is becoming mission critical for more organizations than ever. Annually in the US, power disruptions and outages are estimated to cost $119 billion in lost productivity.3Estimated per hour loss by business type:3
1. "2013 Report Card on America’s Infrastructure", American Society of Civil Engineers
2. "Ensuring Resilience of US Electrical Grid", Lexington Institute, January 2013
3. "The Electric Power System is Unreliable", Galvin Electricity Initiative