Utilities enter peak hurricane season lacking enough transformers - WSJ

Aug. 01, 2022 9:30 PM ETUtilities Select Sector SPDR ETF (XLU), UTG, VPUDUK, PEG, IDU, RYU, UPW, FXU, GUT, BUI, FUTYBy: Carl Surran, SA News Editor35 Comments

Crushed power line caused by fallen tree during Hurricane

jonathansloane/E+ via Getty Images

Power companies across the U.S. are facing a shortage of transformers heading into peak hurricane season, when the critical gear for delivering electricity is most at risk of destruction, according to a Wall Street Journal report.

Utilities say wait times for transformers, used to move electricity from higher to lower voltages, have quadrupled and are averaging well over a year, raising the likelihood of prolonged power outages during hurricane season, the report said.

Suppliers plagued by supply chain snarls and a global scramble for raw materials related to electricity have been unable to keep up with demand.

New Jersey's Public Services Enterprise Group (PEG) said it now takes more than a year to procure distribution transformers that previously took 12 weeks.

Duke Energy (DUK) said it now takes about three years to obtain higher-voltage transmission transformers, up from roughly two years, and 18 months to procure lower-voltage ones, up from a year or less.


"There's going to be some stuff that we don't have that our brothers and sisters on the coast are going to need in the event of a major hurricane," Rudy Garza, top executive at city-owned CPS Energy in San Antonio, told WSJ.

Recommended For You

Comments (35)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.