Would it be expensive to create a power outage contingency plan?

The cost of a power outage contingency plan depends on the size and specific needs. For a basic household, it could cost between $200-800 (LED flashlights, battery-powered radio, first aid kit, bottled water, non-perishable food). For small businesses, it could cost between $1,000-5,000 (portable generators, UPS, backup communications). Larger companies can invest $10,000-50,000+ (industrial generators, complete backup systems, emergency protocols). The initial investment may seem high, but it is minimal compared to the losses from operational interruptions, damaged products, or medical emergencies. A well-designed plan pays for itself by avoiding a single major emergency. The key is to assess specific risks and prioritize critical elements based on the available budget.