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.
You are reading a subscriber-only article and we’re glad you’re enjoying it
To continue reading, you need a subscription (free for limited time) account. If you are subscribed with an account, please sign in ... if you would like to signup, please do so below.
Want to learn more? View membership benefits