Your Business

 

 

Articles in this section are intended to help electrical contractors grow and improve their businesses, from financial and legal advice to creating a service and maintenance department. You’ll find articles on estimating projects and more below. 

On Jan. 12, 2015, passengers on a Washington Metropolitan Transit Authority (WMATA) Metrorail train were trapped for some 40 minutes in the tunnels between two downtown D.C. stations, while smoke filled the air, according to the Washington Post.

The Consumer Electronics Show (CES) is not typically an event that draws electrical contractor interest, but this year’s show raised some eyebrows in the low-voltage market. An influx of products demonstrated that ECs could be pulled further into the high-end consumer market.


While preparing estimates, the methods and rules that estimators follow depend on several factors, including training, experience, the type of project and company culture. In some instances, estimating practices may not mesh well with project management requirements.

I’ve only been NECA’s president since Jan. 1, and I’m already up to my neck in my new role as the association’s chief elected officer.

More on Your Business

 
Global LED Market Expected To Reach $42.7 Billion By 2020

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A new report by Allied Market Research, “Global Light Emitting Diode (LED) Market,” estimates this market will reach $42.7 billion by 2020, registering a robust compound annual growth rate of 13.5 percent from 2014–2020. The Asia-Pacific region dominates the LED technology market because it houses a

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Going Under: Vacuum-excavation equipment
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The vacuum excavator is a portable, dual-purpose machine. It is a “soft” excavator that can dig precisely controlled holes using either highly pressurized air or water, and it is a powerful mobile vacuum system for most types of job-site cleanup.

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Inventors Of Blue LEDs Receive Nobel Prize In Physics

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In October, the Royal Swedish Academy of Sciences awarded the 2014 Nobel Prize in Physics to Isamu Akasaki, Hiroshi Amano and Shuji Nakamura, for the invention of efficient blue light-emitting diodes (LEDs), which enabled LEDs to generate white light and has led to their use in general service lamps

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I Didn't Know There Was Only One
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Sometimes an apparently general specification calls for a type of device or piece of equipment, and it turns out that only one manufacturer makes it.

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New Thread Protocol Helps Connect The Internet Of Things

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As the connectivity of devices over the Internet becomes more commonplace, the need for a universal standard to support that connection becomes greater.


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The Triple Bottom Line
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To sustain your company and maintain a competitive edge takes commitment and planning. Adopting a triple bottom line (TBL) can be that road map to achieving business sustainability.

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Hawaii’s Energy Future Getting Greener

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Hawaiian Electric Co. recently announced plans that will lower customer electric bills by 20 percent.

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