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The Wall Street Publication > Blog > Business > Wary of Being Left in the Dark, Americans Produce Their Own Power
Business

Wary of Being Left in the Dark, Americans Produce Their Own Power

Editorial Board Published February 19, 2022
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Wary of Being Left in the Dark, Americans Produce Their Own Power
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As the American electric grid becomes less dependable, a growing number of businesses and homeowners are buying their own power systems to protect themselves from being left in the dark.

Twenty years ago, only 0.57% of U.S. homes worth $150,000 or more had installed backup generators, mainly along hurricane-prone coastlines, according to backup-power provider Generac Holdings Inc. Now the number is 5.75%, a 10-fold increase.

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