Stack that up against the meager payoff from clipping coupons or cutting your electric bill by unplugging appliances.
It makes it nearly impossible for energy heavy companies to reduce electric power costs, cutting into margins and affecting growth.
At a time when the world generally is cutting budgets, General Electric Co. ( GE) recently announced that sales of its huge-ticket items like jet engines, gas turbines, energy infrastructure and locomotives are really doing very well.
Similar to cost-cutting programs at AlliedSignal and General Electric, Hardiek's team effort will eventually reach all the division's 42products.
First, A123 filed for bankruptcy and agreed to sell its electric car battery business to Johnson Controls, apparently cutting out Wanxiang Group Corp.
Steering and braking could also be controlled electronically and operated by tiny electric motors, in theory at least, so cutting the need for heavy metal brakes and pedals.
The innovative Sanya Skypump pairs UGE's cutting-edge vertical wind turbines with GE's electric vehicle (EV) charging technology to offer completely clean energy to power electric vehicles.
ENGADGET: GE, Urban Green Energy set up first integrated, wind-powered EV charging station (video)
Its cutting-edge technology ensures that the B-Class Electric Drive is not only sustainable (because it offers local emission-free driving) and agile (because of its high torque and acceleration), but also fully networked.
ENGADGET: Mercedes-Benz introduces B-Class Electric Drive, we go eyes-on
Virginia-based OPower has won many contracts with utilities, such as San Francisco-based Pacific Gas and Electric, to use personalized data, competition and even social media to prod consumers into cutting their electricity consumption.
What Silverman has proved adept at is cutting costs, a skill that no doubt pleases the network's tight-fisted corporate parent General Electric.
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