Energy Insights 

 

A Brief History of Utility Incentives


August 31, 2017

The 1973 oil embargo and succeeding energy crisis led people to think differently about how the United States uses energy. It exposed the country to global vulnerability because of unstable energy supplies and, combined with other factors, ushered in a period of high inflation. During this time, prices of energy and various material commodities rose greatly, which triggered fears that an era of resource scarcity with economic, political, and security stresses had begun.

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Topics: utility, incentive programs

Fairbanks Energy Blog

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