Energy

‘We can’t make them fast enough’

0


Severe weather and associated power outages across the United States in the past year have elevated demand for backup generators, bottlenecking suppliers such as Generac.

As millions of Texas residents continue to battle through a dayslong massive power shut-off in response to unprecedented snowfall across the state, Generac CEO Aaron Jagdfeld said requests for alternative home powering sources have surged.

“We can’t make them fast enough, and we’re doing everything we can to supply more product in the market,” he said Wednesday on CNBC’s “Power Lunch.”

With demand for heat at extreme levels, utilities in Texas, an energy-independent state, cut off power to millions to reduce stress on…



Source cnbc.com

ARK Invest’s Cathie Wood is excited about the private space race

Previous article

This couple paid off their mortgage

Next article

You may also like

Leave a Reply

avatar
  Subscribe  
Notify of

More in Energy