Rising Costs of Powering Our Communities: How HPC is Looking Out for You

Our commitment to providing reliable and affordable electricity has never wavered at Hendricks Power. However, like many other industries, we feel the pressure of rising costs of essential materials to maintain and expand our power grid. This graphic illustrates how much the prices of critical components, like poles, transformers, and wire, have increased in recent years. For example, the cost of utility poles has soared by 167%, while transformers are up by nearly 92%.