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GridReady - Energy Security
Energy security is now a corporate concern. Just this year one of Indiana’s major Utilities filed for a 30% rate increase to fund renewable energy projects. And in 2022, that same Utility experienced a 50% reduction in reliability of service to its commercial customers. Power outages resulted in hundreds of millions of dollars in lost production. TEG’s Grid Ready certification is designed to protect your business as the energy market changes.
We have all heard that renewable energy is cheaper than ever before, but that’s only half true. While the cost of solar panels and wind mills has gone down, the cost to manage and deliver the power they produce is much higher than with conventional fuels. The huge cost of the renewable transition is being passed on to you through riders on your bills and base rate increases.