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@ Steven Yates:The short version is $3000 per customer. Now I suppose that cost could be spread out over several years, but it;s considerable.

The problem is that people see it as a stand-alone extra cost. They forget the cost of spoilt refrigerator content, hotel cost, extra travel to places with power, and generally, a massive effort by local authorities. Now, those may not be direct costs, but you're paying for them. You may think that your refrigerator is not expensive to replace, but your supermarket will charge you for it through higher prices the rest of the year. There is also a massive cost for businesses that can't process credit card transactions.

Anyway, I don't believe weighing that it is that expensive. Especially if power companies do replacement in a smart way, i.e. during normal maintenance and upgrades.

by Jasper on Jul 2, 2012 12:08 pm • link • report

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