Every year, more than two million U.S.. businesses experience a power outage lasting eight hours or more. because this statistic is so powerful, it pays to understand how much a power outage will cost your business.

The U.S.. department of energy estimates that on average, power outages cost $80 billion per year, and that 98 percent of those losses come from the business sector.

Financially speaking, power outages can cause substantial losses for the company affected. For example, according to the us department of energy, when a power failure disrupts iT systems.