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Like many other household goods, the average monthly residential electric bill in the U.S. continues to increase. In 2024, bills hit an average of $ 182, an 8% increase over the […]
The post Demonstrating Electricity Value: Customer Satisfaction as a Utility Business Strategy appeared first on POWER Magazine.
Assessment of low carbon hydrogen production, demand, business models and value chain in Egypt Its unique geographic location, and being the second largest signatory of multilateral trade agreements in the world, Egypt connects investors with both established and emerging markets. The country is well positioned to play a functional role in the hydrogen economy. The..
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Column: What’s the fair market value of a job? Quad City Times
“job” – Google News…
From deregulation and restructuring to new technology and globalization, the power industry has undergone dramatic changes over the past few decades. Falling barriers to entry have led to the rise of small and independent power producers, and empowered consumers with choices when it comes to where to purchase their energy.
These changes have transformed a once staid, stable industry into a dynamic market driven by competitive pressures rather than traditional cost of service models. Today’s plant managers and operators must focus on customer service and retention, cost and rate control, and new tools and technology to compete.
To maximize profitability, most modern plants run “lean and mean” when it comes to internal staff and resources. This often means the highly skilled specialists who perform complex reliability maintenance are not included as part of the in-house team—they are often too expensive or too hard to find. Yet, system failure and unplanned downtime and outages can be catastrophic, and North American Electric Reliability Corp.…