Electricity Worries Hit the Top of Business Agendas

It’s clear that electricity’s availability, quality and cost have become a growing source of worry” for businesses, says David Reichman, president of RKS Research & Consulting, North Salem, N.Y. An RKS research project, in which 831 energy decision-makers in eight U.S. industries were interviewed, found that 34 percent of those surveyed employ on-site generation. Other highlights of the survey are:

Percent of respondents who have purchased insurance to protect against power-outage-caused business interruptions: 30 .

Percent who say their companies have suffered financial losses from power outages: 34 .

Percent who say they were interested in generating their own electricity to reduce demand: 58 .

Half either owned or leased backup generating equipment; nearly one quarter are considering expanding or upgrading those installations.

From Pure Power, Summer 2001.

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