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. 

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.

Most of the 3.5 million residents of Puerto Rico have spent two days without power as the result of a fire at Aguirre power plant in the southern town of Salinas, according to the Associated Press.

For renewables and energy efficiency, effective storage technologies are a key ingredient to their continued success. For its part, the battery industry is keeping up. According to a recent study by the firm Navigant Research, the market for next-generation battery technology is ready for growth.


More on Your Business

 
Managing Meetings

Last month, I offered some tips on reducing the cost of remote communication, such as letters, e-mails and telephone calls. Meetings are another source of inflated communication costs. Make a list of all meetings you held last year.


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Success Story

It's not difficult to find examples of transmission-planning projects gone awry. From Southern California to Wisconsin to Pennsylvania, electric utilities face heavy opposition to their plans to boost transmission capacity.


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Light the Way

Today, there is a push to save energy and, therefore, money. One of the largest users of energy in a commercial building is its lighting system, which Darlene Bremer discusses in this month’s Energy Management column on page 86.


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McCormick User's Conference Set

McCormick Systems User’s Conference is set for April 2-5 in Tempe, Ariz. The event brings dozens of contractors and estimators together to talk with each other, speak with McCormick staff, and listen to presentations. Two full days of educational sessions are scheduled.


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Utility Awarded for Storm Response

The Edison Electric Institute (EEI) honored Ameren Corp. as a winner of the association’s Emergency Recovery Award for outstanding efforts to restore electric power in the wake of two severe ice storms during the space of six weeks in late 2006 and early 2007.


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Good and Evil

As a sequel to the discussion of adjustable speed drives (ASDs) in last month’s column, it seems appropriate to show how ASDs are a classic example of the often-quoted line from IEEE 1100 (also known as the Emerald Book).


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When the GC's Acceptance Is a Rejection

Waiver and estoppel are two different equitable concepts that lead to the same result. With waiver, a person’s actions result in the loss (a waiver) of a right. With estoppel, the right continues to exist, but it cannot be used. In both instances, the law is trying to do what is fair.


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