Costliness of Power Outages to You as a Homeowner
Though power outage is mostly regarded as a minor inconvenience, prolonged power loss can wreak havoc. Your home doesn't have to experience power loss for days or even weeks for the costs to start piling up. A recent survey reported a whopping 70 percent of Americans who experienced a power outage for at least 12 hours in the last two years to have faced unanticipated expenses as a result.
Average Annual Cost
Each year, American homeowners face an estimated $150 billion in costs due to power outages. These expenses include:
- Replacing spoiled foods
- Purchasing emergency supplies like firewood, candles, flashlights, batteries, etc.
- Power outage-related property damage, such as frozen or burst pipes that can cost up to $10,000 to remedy
- Restoration costs for a flooded basement
How Power Outages Can Impact Funds
When homeowners are faced with a prolonged power outage, many look for alternative solutions. This could mean buying a costly portable generator. Others could choose to book a hotel room for a few days, if not weeks until the lights are back. Not to mention, virtually all homeowners incur enormous costs of purchasing emergency supplies.
As a homeowner, the highest cost that you may experience due to power outages, however, is property damage. Power outages can result in property damage in various ways. Power surges can damage or destroy any appliances left plugged in, pipes can freeze and burst without adequate heat circulation, and basements can become flooded due to bursting pipes and sump pump failure.
How to Prevent Costly Repairs
To help avoid these unexpected expenses, consider installing Critter Guard’s Line Guard and Pole Guard systems to significantly decrease the amount of power outages caused by squirrels and other wildlife.
Our Line Guard and Pole Guard products are designed to humanely prevent squirrels and other critters from accessing and damaging power lines and utility poles and inadvertently causing power outages, saving you money in the process.
To learn more about our products and how they can prevent power outages in your area, contact us at Critter Guard today!
- Tags: Effects and Impact
- Written by John Sims