Some businesses have prepared themselves to cope with such situations, but most have not. Power cuts aren’t only difficult to deal with when you’re at home, but in a work environment, this can cause lost productivity – can your business afford it?
There’s no determining what the weather is going to be like here in Britain. One moment, it can be rays of sunshine and the next it can be downfalls of rain – all of which can cause stress to systems nationwide and potentially cause power outages. For example, in July earlier this year, Thorpe Park experienced a series a power cuts which left worried visitors stuck on rides. Although you would think this was the result of harsh weather conditions, it was in fact due to high levels of heat across the region. Around the same time, there were more than 15 reports of power cuts in 24 hours across Cambridgeshire, which were caused by lightning strikes in the area.
A problem faced by the nation
Over the years, there has been many memorable power cuts in the UK. You may be old enough to remember the miners’ strike in 1972, which caused major power issues – leading to a state of emergency being declared. A more recent power event that caused power outage to 40,000 properties was the result of Storm Frank in 2015.
Below, we have listed the most common types of power cuts here in Britain:
- Transient fault: lasting only a few seconds. This is a temporary fault, but power is automatically restored.
- Brownout: reduction in mains power supply that can last for a few days (e.g. lowered light levels) and cause machinery malfunction.
- Blackout: absolute power loss. As the most severe case of power outage, blackouts are often the most costly and difficult to recover from.
Although the type of power cuts that can occur varies, it’s important to understand that between the years 2003 and 2012, weather was responsible for 80% – highlighting the importance of advanced preparation.
Damages to your organisation
Nationwide, businesses run off the power of energy – meaning that is it crucial to ensure operations remain consistent and don’t put a stop to our productivity. Below, we take a look at how power cuts can actually harm a business.
Whether you’re experiencing a significant power cut or a slight delay, this could be damaging to your business and cause a loss of data. If this is the case, this could have a profound impact on any ongoing campaigns and prove difficult for you to meet deadlines on a range of projects and ultimately meet the requirements of a client. Imagine if all of your work is lost due to such circumstances – you might have to start your work from scratch.
If you experience a blackout or brownout, expect this to last at least one day or more. This could potentially put a stop to all operations – and will definitely be a cost to you. As your staff are contracted to work (even though power cuts), you will still have to pay them. As well as this, if your business relies on communication by using the internet or phone lines – this could cost you sales.
The downtime cost for a business can vary too, with some small businesses stating that one hour of no power could cost £800. Believe it or not, Google lost their power in 2013 and this cost them £100,000 each minute.
But, downtime could come down to several reasons. If your business does not have access to electricity for example, employees will not be able to communicate with customers. If you’re a business that operates as an ecommerce, you won’t be able to monitor online sales and respond to website queries.
One survey found that 23% of IT professionals said that one hour of business downtime cost their organisation between £10,000 and £1 million. Each year in Britain, as a result of IT downtime, businesses can pay the price of £3.6 million collectively and lose 545 productivity hours.
To work out the average cost of downtime an hour, this is the general formula:
Employee cost per hour x fraction of employees affected by the power cut x average revenue for each hour x fraction of the revenue that was affected by the outage
Is it worth the risk?
Each business runs differently, so your set of priorities will differ to every other company who experiences similar power outages. If your company relies on computers and data, you should look at installing an uninterrupted power supply (UPS) that will allow your devices to run off battery power in the event of a power cut.
Most companies now rely on an internet connection too, which means it could be difficult to cope without one. If you set up a MiFi – which can operate as a WiFi hotspot – your staff will be able to connect to an ad-hoc network which can help you operate when a power cut does strike.
It’s important to think ahead and create a plan that your team know to follow. Do this by creating a team or committee that will determine the specific risks to your business — a small IT company will have different points to consider compared to a large factory — and then draw up a detailed process for mitigating these risks.
This article was provided by Flogas LPG, gas bottle suppliers.