The topic of electricity reliability and resiliency has emerged as a top-of-mind concern for many systems integrators and their end-user clients. While utilities, regulators, and policymakers struggle to protect the national grid, the average facility is more concerned about how to achieve optimal levels of electrical reliability and reduce future disruptions in power.
The reality is that the cost of power disruptions for most organizations continues to rise. In 2006, Lawrence Berkeley National Laboratory developed an end-user based framework that estimates the cost of power interruptions in the U.S. The last study released in 2018 shows that the total U.S. cost of sustained power interruptions is $44 billion per year (2015), which was 25% more than the $26 billion per year in 2002. The majority of the costs (70%) were suffered by commercial sector customers. The industrial sector accounted for 27% of the total cost.