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Insight: Power reliability will cost Americans more

Scott DiSavino, REUTERS/YAHOO FINANCE

Tuesday, September 13, 2011

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Preliminary estimates of the cost of last week's blackout in the greater San Diego region were $97-$118 million, including spoiled food ($12-$18 million), government overtime ($10-$20 million) and lost productivity ($70 million), according to a report by the National University System Institute for Policy Research, which conducts research in the San Diego area. The study did not include costs from the blackout outside of the San Diego area.