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. 

The United States is undergoing a major shift in the way it generates and consumes electricity. In the midst of such visible changes, strong metrics are enlightening—even if they are, in some ways, stating the obvious.


A prognosticator forecasting the end of electric utilities as we know them isn’t news. Economists and market researchers have been telling this fortune for several years. But when the people in charge of utilities corroborate those reports, it’s no longer a tale read in the tea leaves.

One of Ronald Reagan’s famous quotes about the philosophy of government bureaucracy was, “If it moves, tax it. If it keeps moving, regulate it. If it stops moving, subsidize it.”


A recent case ruled that the contractor’s markup for overhead on a change order covered all overhead, both field and home office. On first impression, this ruling may not seem unusual, but the facts of the case indicate an unfairness in the result.


More on Your Business

 
From The Earth To The Home
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the North American geothermal market is expected to reach $147.6 million in revenue by 2017. Opportunities abound for electrical contractors to bring cost-effective heating and cooling options to their residential customers, according to market research firm Frost & Sullivan.


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Utility Battery-Based Storage Projects Launched In Washington State

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More residential, commercial, industrial and even governmental utility customers are becoming involved in self-generation projects (solar, wind, storage batteries, fuel cells, multisource microgrids, etc.) to reduce the costs associated with electric grid-generated power, as well as to ensure contin

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Keeping Time: Time-of-use pricing and 
the challenges of implementation
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One of the many advantages 
smart meters were intended to bring to electric utilities and their residential customers was the ability to implement time-of-use (TOU) rates to help reduce peak-time electricity demand.

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Market Warming Up For Combined Heat And Power

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In the quest for more sustainable energy practices, no technology is left out of the mix. For example, combined heat and power, also known as co-generation, has been around for many years, mostly in the domain of utilities and the industrial sector.

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They Can't Take That Away From Me
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The federal Miller Act has been around since the mid-1930s. You would think that, by now, all questions about its application would have been resolved by the courts. Unfortunately, hundreds of lawsuits remain that involve interpretations of the Miller Act.


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FCC Adopts Strong Net-Neutrality Rules

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Telecommunications regulations have a long and storied history in politics and government, and it was recently declared that net neutrality falls under these previously established rules.

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Storm Response: E-J Electric, E.S. Boulos Co. and McPhee Electric
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In New York, the damage was less than anticipated, and residents, as well as the teams charged with rebuilding after the storm, chalked that up to luck.

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