Earlier this week we saw a massive power failure in India. Such a failure could happen here if we don't invest sufficiently in our aging and weak electrical infrastructure. In recent months we've seen significant power failures in Boston, New York, San Diego and DC.
The American Society of Civil Engineers (ASCE) has published their thoughts on the issue. They think we're okay for the next five - eight years. But. if we don't start really investing now (on the order of $75 billion annually), a world of frequent blackouts around the country awaits after 2020. The equipment is not getting younger and the demand for electricity will only increase.
Be prepared for higher electrical costs.
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