In 2000, the one-hour outage that hit the Chicago Board of Trade resulted in $20 trillion in trades delayed.
Facts & Quotes
If every American household replaced just one incandescent bulb with a compact fluorescent bulb, the country would conserve enough energy to light 3 million homes and save more than $600 million annually.
Since 1982, growth in peak demand for electricity – driven by population growth, bigger houses, bigger TVs, more air conditioners and more computers – has exceeded transmission growth by almost 25% every year.
Today’s electricity system is 99.97 percent reliable, yet still allows for power outages and interruptions that cost Americans at least $150 billion each year — about $500 for every man, woman and child.
Between 2003 and 2012, roughly 679 power outages, each affecting at least 50,000 customers, occurred due to weather events.
The grid delivers electricity to more than 144 million end-use customers in the United States.
The grid connects Americans with 5,800 major power plants and includes over 450,000 miles of high voltage transmission lines.
The United States is home to thousands of power generating plants and systems and more than 640,000 miles of electric transmission lines.
America has 2.6 million miles of oil and gas pipelines.
Americans consume 26 percent of the world’s energy.
Rolling blackouts and electrical grid inefficiencies cost an estimated $80 billion a year.
Retrofitting public buildings to be greener would create as many as 800,000 jobs.