Investing in the Grid: When the Going Gets Tough, the Tough get… Creative

The U.S. grid system was born in the 1920s, and has seen few major upgrades since the 1960s. With America’s growing population and exploding demand—bigger houses, A/C units, TVs, iThings—we have serious congestion and inadequate capacity on our nation’s power lines. This has led to more frequent power outages, which cost the American economy well over $100 billion each year. Investing in grid modernization would clearly save American consumers tremendous amounts of energy and money. So why aren’t we doing more of it?