According to Philip Moeller of the Federal Energy Regulatory Commission, this is a trend we won’t be able to shake off in coming years. “We are now in an era of rising electricity prices,” he said in this article, attributing the growth to modern consumption. “If you take enough supply out of the system, the price is going to increase.”
While some companies try to turn to solar or wind power for energy alternatives, many shops choose to remain on a more reliable power source, which puts them at the mercy of power companies. Especially for shops that are located in California, the same state Shop Floor Automations has its main office, there is an estimated 47 percent jump in electric prices for our state within the next 14 years! Read more below.
According to the US Energy Administration, the commercial and industrial sections take up more than half of the electricity consumption rates in America. Average prices of 6.89 cents to 10.59 cents per kilowatthour means your bill will add up quick. Is there any way the manufacturing industry can save money on power?
According to this article, operating at off-peak hours and regularly monitoring energy consumption will save companies lots of money in coming years. Lights-out manufacturing will likely become very popular economically, and we are ready to assist you in taking advantage.
At Shop Floor Automations, we can help you utilize lights-out manufacturing and make the most of your automation. Specifically, machine monitoring software from Scytec and Predator are products that we are happy to teach you more about.