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. 

According to research from the Cockrell School of Engineering at the University of Texas, Austin, homes with solar panels do not require on-site storage to reap the economic and environmental benefits of solar energy.

In a time when competition and pricing pressure affect the electrical industry, it’s especially important to maintain and build your business by taking care of current customers.

A digital marketplace is changing the way electricity is produced, traded and consumed in Australia. Two pilot programs, each including about 5,000 households, will allow homeowners with solar panels and batteries to trade electricity in a digital marketplace—the first such network in the world.

Klein Tools infographic of survey results.

Klein Tools, Lincolnshire, Ill., released the results of their annual State of the Industry survey on April 17.

More on Your Business

 
Lies, Damn Lies and Statistics

When pundits offer statistics in support of their opinions, it is hard to know whether to trust the numbers; economics and finance are difficult enough to navigate without suspecting that someone with an agenda is deliberately misleading you.


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Give Me My Money Back

There is no way around it. The concept of revocation of acceptance is an odd one. If you pay for goods or services that turn out to be less than what you bargained for, your first thought might be to sue for damages for breach of contract.


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The Not-So-Dumb Grid

With all this talk about the coming of the smart grid, it seems like a good idea to review what currently delivers the electrons to your door.


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2010 Construction Outlook: A Slow Climb From Rock Bottom

Leading construction experts and economists agree that the economy is emerging from its deepest and longest financial crisis since the Great Depression. Even with a modest boost from government stimulus dollars, it will be a very slow crawl out of recession and into recovery.


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Pepco Energy to Green Camden Yards, Oriole Park and M&T Bank Stadium

Pepco Energy Services, a subsidiary of Pepco Holdings Inc., a utility for the mid-Atlantic region, was selected by the Maryland Stadium Authority (MSA) to implement a $9 million comprehensive energy-efficiency contract at Camden Yards, Oriole Park and M&T Bank Stadium in Baltimore.


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Securing the Promise

In the September issue, I discussed some of the claims that various organizations working on the smart grid have made in the two years since the Energy Independence and Security Act of 2007 passed. The act contained Title XIII, which has 10 characterizations of a smart grid.


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Return on Giving

The year-end holiday season prompts decisions about giving to charitable organizations, customers and employees. It may seem cold-hearted to evaluate gifts in terms of the potential return on your investment, but it is simply a bad business practice to distribute wealth out of habit.


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