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Summer Journal

Volume 28, Issue 3

Full Contents Now Available!

Electricity is Essential to Run Your Business, Planning is Essential to Protect It!

Written by  FM Global Wednesday, 21 November 2007 00:29

What would you do if your business lost electrical power? How would you operate your production lines, heating and/or air conditioning systems, lighting, telecommunications, control systems, and computers? Five years ago, in most parts of the world, you didn’t have to worry about these problems - electricity was taken for granted. But recent events in California - a result of problems stemming from its electric power deregulation program - demonstrate the need to be prepared in case your electrical service is interrupted. If you have a major manufacturing facility, you could suffer millions of dollars in losses due to a prolonged production interruption. Your readiness for lack of electricity could mean the difference between business survival and disastrous loss.What is Deregulation?At one time, a single company in a certain geographical region would generate electricity, transmit it to cities and towns, and distribute the power to its consumers - industries, businesses,

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