California and the Future of Energy Costs

Just the other day my brother and I were working out at the gym when there was a blackout. It was probably 10 pm when all the lights, music, and TVs suddenly shut off, filling the gym with an awkward silence. Obviously, all the real gym rats (my brother and I included) kept lifting. Most of them had in their air pods so they probably didn’t notice anything. It wasn’t until my brother and I had left when we realized how much of a setback a power outage could be for a business. 

The clerks at the front couldn’t scan anyone in because their computers were down along with whatever system the whole gym was running on. During another power outage, a client of Conectrix suffered as they were effectively unable to conduct business. In our current age of technology, everything is connected making blackouts even more worrisome for businesses dependent on the internet. 

California is no longer building power plants and as a result, businesses are facing increasing costs for electricity. What’s more is that as the population of California increases, the demand for energy will increase, however, the supply will be unable to keep up with the demand. California gets more than one-fourth of all of its electricity from outside the state[1].

Energy costs are one of the three largest operating expenses for a business. Each year, California continuously increases these costs by 3 to 5%. Additionally, 69% of energy is wasted, meaning that businesses are annually paying more for a service they aren’t fully utilizing[2]. Due to these new challenges facing businesses, Conectrix has decided to begin selling energy and utilities along with our supplier Energy Professionals. 

Just as one would protect their business from cyber threats, one should also consider ways to protect and bolster their business against power outages and increasing power costs.