The True Cost of Downtime
Report
At the bottom end, the costs of a lost hour are now $36,000 in Fast Moving Consumer Goods. At the top end, they are $2.3 million in the Automotive sector….
These are the key findings of this report, a review of the true costs of downtime to manufacturers and industrial organizations over the past five years. At the bottom end, the costs of a lost hour are now $36,000 in Fast Moving Consumer Goods. At the top end, they are $2.3 million in the Automotive sector – or more than $600 a second. Faced with these kinds of costs, companies have been forced to try to cut downtime ruthlessly.
These are the key findings of this report, a review of the true costs of downtime to manufacturers and industrial organizations over the past five years. At the bottom end, the costs of a lost hour are now $36,000 in Fast Moving Consumer Goods. At the top end, they are $2.3 million in the Automotive sector – or more than $600 a second. Faced with these kinds of costs, companies have been forced to try to cut downtime ruthlessly.
Even in a changing world, the energy transition continues forward. Federal, state, and utility-level programs offer a wealth of opportunities to reduce energy costs, improve sustainability, create a more resilient grid, and tap into the growing value of demand response programs.
Our team of energy experts can help you maximize the value of energy storage. Contact us today.