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. 

While energy innovation enjoys a surge of popularity, one crucial element is still lacking: financing.

On a $28 million infrastructure contract, a contractor suffered an $11 million loss because of high charges by the utility companies for their part of the installation. The contractor, it turned out, got no remedy in court and, therefore, no means of recouping this major loss.


Along with many new trends that electrical contractors are finding themselves involved with these days, there are some surprises. While ECs have traditionally wired the power for elevators, much of the work has been left to mechanical contractors.

According to the Consortium for Energy ­Efficiency’s 2013 State of the Efficiency Program Industry report, “U.S. and Canadian combined gas and electric Demand Side Management program budgets reached $9.6 billion in 2013, representing a 2 percent increase over 2012 DSM budgets.

More on Your Business

 
Architects Commit To Carbon-Neutral Buildings

| under

The fight against greenhouse gases takes commitments from all industries, if for no other reason than their emissions can be traced to so many different sources.


READ MORE
 
New Mid-Atlantic Transmission 
Project To Span Four States

| under

In the utility sector, not many issues cause industry stakeholders more anxiety than the aging infrastructure and continuously increasing demand. Around the country, utilities are investing heavily to keep up with degradation and power-hungry consumers.


READ MORE
 
PSEG Long Island Offers Options To Ease Solar PV Upfront Cost

| under

As with many long-term investments, the upfront cost of implementation is one of solar power’s biggest challenges. Many companies offer assistance to energy consumers, but the latest is a joint effort to get photovoltaics (PVs) 
on homes.


READ MORE
 
Growing North American Gen-Set Market

| under

Wind, rain, wildfires, hurricanes, tornadoes, floods, earthquakes, heavy snowfalls, ice and falling trees are all potential causes of unpredictable and often prolonged power outages.

READ MORE
 
Cities Take On Greenhouse Gases

| under

It’s been said before that all politics are local. Recently, local leaders took that adage and applied it to the pursuit for a new energy society.


READ MORE
 
Utilities Saving Energy By 
Changing Behavior In Minnesota

| under

Almost everyone agrees that saving energy is the right thing to do. Talking about it is one thing, but actually doing it is completely different.


READ MORE
 
Cashing In: Financing
| under

Though PDE Total Energy Solutions isn’t currently in the financing business, CEO Shelley Keltner suspects the nearly 25-year-old, Sante Fe Springs, Calif.-based contractor may be soon. 


READ MORE

Pages