Electricity and economic development

If I was an economic developer in any state but California, I would be preparing a new marketing strategy that includes touting my region's reliable and affordable electric power. And I would be talking to my local electric utility about making sure every business park in my region has redundant electric feeds from two different substations.

If you missed it, California is having electric supply woes again in the midst of a heat wave. This is bad for California businesses that use lots of electricity (many high tech firms, among others), but good for other regions of the country that have done a better job of providing for electric needs.

Not sure what the electric situation is in your region? It's time to put that on the short list of essential infrastructure, along with broadband. Expect relocating companies to be asking lots of questions about both.

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