Spring World 2017

Conference & Exhibit

Attend The #1 BC/DR Event!

Spring Journal

Volume 30, Issue 1

Full Contents Now Available!

Wednesday, 21 November 2007 00:29

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

Written by  FM Global

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,