Cost Estimate of SoCal Outage Tops $100 Million
A think tank estimates that a widespread power outage cost the San Diego-area economy more than $100 million.
The National University System Institute for Policy Research said Friday businesses lost about $70 million, largely because they had to close. Some employees missed work because San Diego schools were closed.
Overtime for government workers cost up to $20 million. The cost of spoiled food amounted to up to $18 million.
Altogether, the think tank estimates the total loss at between $97 million and $118 million.
The city of San Diego hasn’t given any estimate of its own.
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