An electric power outage, which has many social and most importantly economical outcomes, is an undesired and unpleasant event that leads to inevitable damages to the society. Regardless of its psychological effects, preventing power outages presents a vital importance due to its severe effects on economy. Therefore, since it has so many motivating factors, studying and estimating the outage costs have been an attractive and popular field of study for the recent years. The electric supply utilities want to know the customer interruption costs for planning and investment purposes. Official...