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. 

Most taxpayers know the Federal Reserve Board of Governors meets periodically to set interest rates, but too often, they leave the deeper analysis to economists.

Various internet sources claim that adults make an average of 35,000 decisions each day. While that total may be in dispute, it highlights the constant activity our brains are in deciding on matters both inconsequential and life changing.

This tunnel lighting is part of Birmingham’s total lighting upgrade.

The City of Birmingham, Ala., announced a new project designed to upgrade its current public parking garage lighting to energy-efficient, connected light-emitting diode (LED) lighting. The retrofits are expected to save about $375,000 per year.


Credit cards typically apply interest to late payments. This interest factor, which may be 18 percent or more, can be viewed as a form of liquidated damages (LDs). The base amount owed is not liquidated, because it depends on your balance, but the percentage is liquidated, or fixed, by agreement.

More on Your Business

 
In Praise of the Bar Chart

Einstein's fame rests, in part, on his discovery that time is a variable dimension. Contractors have always known this fact.


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Defending Against the Big Bang

Though not the most common power quality disturbance in most locations, the transient, or rather, the source of the transient, can be one of the loudest.


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Watching out for Your Guys

Last month, we discussed safety and recognized that it is of fundamental importance to the electrical supervisor. The supervisor is at the heart of any job safety program.


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FPL Cites Human Error as Cause of Florida Blackout

FPL Group's utility Florida Power & Light Company said preliminary results of the investigation into the four-hour blackout on February 26, 2008, indicated human error was the primary cause.


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New Material for Capturing Carbon Dioxide from Smokestacks

With current and future regulations on carbon dioxide emissions, electrical contractors who work in coal-fired plants may wonder how these requirements will affect their work. New research may point to solutions that will enable coal-fired plants to continue to operate with some modifications.


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Survey: U.S. Reactors Produce Record Power Generation

Global power generated by nuclear reactors fell about 3.6 percent in 2007 from the 2.8 billion megawatt-hours (MWh) recorded in 2006, according to data released by Nucleonics Week, a publication of Platts, a provider of energy and commodities information.


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NRC Issues Annual Assessments for Nations' Nuclear Plants

The Nuclear Regulatory Commission (NRC) has issued annual assessment letters to the United State’s 104 operating commercial nuclear power plants. All the plants continue to operate safely.


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