Americans Willing to Pay $10 More on Monthly Bill for Reliable Grid

General Electric’s Digital Energy business released the results of its Grid Resiliency Survey last month. The survey measured the U.S. public’s current perception of the power grid, its experiences and future expectations and was implemented following a very active 2014 winter storm season that led to several power outages, impacting millions of Americans.

According to the survey, conducted by Harris Poll on behalf of GE in May and June, among more than 2,000 U.S. adults ages 18 and over, 41 percent of Americans living east of the Mississippi River are more willing to pay an additional $10 per month to ensure the grid is more reliable compared to 34 percent of those living west of the Mississippi.

The survey also found that in the past 12 months, consumers living east of the Mississippi experienced nearly three times more power outages on average than those living west of the Mississippi (3.1 vs. 1.3). Of all adults in the U.S. who experienced an outage, more than half (56 percent) were without power for at least one hour during their most recent outage.

The study also analyzed what the current perception is amongst most consumers of their utility companies, and also what their expectations are going forward.

As technology advances, digital communications has also played a major role during power outages by alerting customers not only when they can expect an outage, but also when they can expect for power to be back up and running.

Click here to learn more: http://tdworld.com/asset-management-service/americans-willing-pay-10-more-monthly-bill-reliable-grid

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