For homeowners, losing power means insecurity — for businesses, it means loss of revenue. There now exists a direct correlation between blackouts, the electric grid, and wildfires in California.
The challenge created by wildfires in that state cannot be overstated. Only recently at a hardware store in Sonoma, people had to line up to be escorted outside by flashlight due to a scheduled blackout.
According to Stanford economist Michael Wara, the economic impacts of blackouts vary a lot, depending on who is blacked out, and whether it's a home, factory or supermarket. He estimates that turning off power could cost as much as $2.6 billion.
That's why many Californians, in a recent survey, say they would consider the prospects of going solar.
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