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. 

Much of what we think we know about renewable technology comes from visual association. However, much of renewable energy is invisible.


According to a recent report published by Technavio (www.technavio.com), a global technology research and advisory firm, the global prefabricated construction market is expected to grow at a compound annual growth rate (CAGR) of between 6 and 7 percent until 2020.

The need to modernize the nation’s outdated electrical infrastructure has become something of an axiom in the age of renewables. Recognizing that need, the U.S. Department of Energy (DOE) has offered an incentive.


By Felix König (Eigenes Werk (own work) - Samsung S750) [GFDL (http://www.gnu.org/copyleft/fdl.html) or CC BY-SA 3.0 (http://creativecommons.org/licenses/by-sa/3.0)], via Wikimedia Commons

The nuclear power industry suffered another setback in California on Tuesday when PG&E announced that it will close the Diablo Canyon power plant in San Luis Obispo County. It is the second such closure in California in the last three years.

More on Your Business

 
Latest Employment Data from AGC

According to a February 5 press release from Associated General Contractors of America (AGC), construction firms added 18,000 workers in January, as the industry's unemployment rate declined to 8.5 percent, a 17-year low.


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OSHA To Issue New Final Rules Early 2016


The Occupational Safety and Health Administration (OSHA) will issue several new final rules in early 2016, according to a November article in The National Law Review.



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Out Of Control

For several years, I have been seeing a new hole in the theoretically 100-percent-complete electrical drawings we are provided for bidding. Within the last year, the problem has gotten bigger, driven by increasingly strict energy-usage requirements.


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Editors' Pick
2016 Construction Outlook

Economists coined the term “half-fast” to describe the financial recovery. It’s an economy in flight, but it isn’t quite soaring. Dodge Analytics calls it “a mixture of headwinds and tailwinds.” For example, 2015 construction starts were forecast for 9 percent growth. They landed at 13—a tailwind.


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Reaching For The Sun

Solar-power technology is growing wide and deep through installations and planned projects. New York Gov.


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Editors' Pick
Round and Round: Briggs Electric

Lighting an iconic Ferris wheel is not an electrical contractor’s usual task. However, Briggs Electric Inc. of Tustin, Calif., faced such a challenge when the company took on the unusual project of the Giant Wheel at Irvine Spectrum Center.



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All Together Now

While researching last month’s column, I realized integrated project delivery (IPD) deserved an entire article to itself.


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