Weather is the source of many of your most significant operational challenges. It not only causes outages that upset customers and inflicts damage to your infrastructure; it also impacts important decisions, such as offering mutual assistance to other organizations or requesting it for your own.
Weather-related outages are on the rise, increasing in frequency six fold over the last 20 years.* These outages cost the U.S. economy $20 to $55 billion a year.** When combined with increased staffing costs, leaner budgets, potential fines, and increased customer expectations and media scrutiny, the threat of outages makes managing weather events even more important.
To help you better anticipate these critical events and to understand their specific risks, at Schneider Electric, we offer our proven Energy Event Index forecasts. With them, you can make better-informed decisions that can save you significant expenses with mutual aid calls, and help avoid major public relations and regulatory headaches.
2. 02 | Energy Event Index
Energy Event Index
Weather is the source of many of your most significant operational
challenges. It not only causes outages that upset customers
and inflicts damage to your infrastructure; it also impacts
important decisions, such as offering mutual assistance to other
organizations or requesting it for your own.
Weather-related outages are on the rise, increasing in frequency six
fold over the last 20 years.*
These outages cost the U.S. economy
$20 to $55 billion a year.**
When combined with increased staffing
costs, leaner budgets, potential fines, and increased customer
expectations and media scrutiny, the threat of outages makes
managing weather events even more important.
To help you better anticipate these critical events and to understand
their specific risks, at Schneider Electric, we offer our proven Energy
Event Index forecasts. With them, you can make better-informed
decisions that can save you significant expenses with mutual aid
calls, and help avoid major public relations and regulatory headaches.
Easy risk assessment
Our Energy Event Index forecasts feature a one to five, color-coded rating system
that allows you to easily assess threats related to an individual weather event,
such as high winds, heavy snow, or ice. The forecasts also factor in the effects of
the time of year and foliage coverage.
What’s more, you can view the weather’s impact on your utility up to seven days
out. This supports improved near-term planning, including mutual assistance-
related decisions. By knowing that mutual assistance is not needed, you can
potentially save millions of dollars. You can also better determine when it will be
needed, and how much will be needed — ensuring faster restoration and helping
you avoid customer, public relations, and regulatory issues.
Each forecaster also provides his or her confidence level in the forecast to give
you a better sense of the likelihood of the forecasted event.
Easily assess your risk for each individual weather event
with our one to five rating system
*Berkeley Labs report, 2012; ** IEEE Spectrum 2013, 2013 IDC report
3. Energy Event Index | 03
Our Energy Event Index forecasts can be customized
to your utility’s service territory and unique decision
triggers. This gives you greater control over the
information you need to make decisions and
minimize outages — helping you to better manage
high profile weather events.
Energy Event Index forecasts have been proven
invaluable to public utility commissions. They
help demonstrate that the utility has taken proper
emergency preparedness steps. This helps utilities to
defend their mutual aid decisions, and to recoup the
investments made in those decisions.
Backed by industry-leading professionals
Energy Event Index forecasts are created by
our team of experienced, power utility-focused
meteorologists. These include many of the same
individuals who have helped ensure the accuracy of
our industry-leading temperature and precipitation
forecasts, which have been rated number one for the
last seven years in an independent study. You can be
assured that you are supported by the same level of
knowledge and commitment.
In addition to these forecasts, you can add around-
the-clock telephone consultations with our skilled
forecasters. This allows you to receive greater
clarification anytime, providing additional support
for making critical decisions.
Better understand external risk factors, such as leaf
coverage and time of year.