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 nation’s energy sector is racing through a period of major transformation, and utilities are jumping on for the ride. According to a recent study, the U.S. electric power industry is investing billions of dollars in smarter energy infrastructure.

Have you noticed the lack of good product seminars from companies making electrical products for buildings and data centers? Companies need to go out to update electrical contractors, project managers and system designers on their products and new systems.

Many estimators start out as electricians, and a significant portion of those are most experienced in residential work. The purpose of this article is to help move these estimators along the path to commercial and industrial electrical estimating.

When I ran the family contracting business, we still employed some of the old guard from my father’s term as owner. It was clear that they considered their training complete when they received their journeyman credentials.

More on Your Business

 
Obama Administration Invests in Smart Grid Worker Training

The Obama Administration has pinned much of its economic recovery efforts on an infusion of dollars into a massive campaign to upgrade and overhaul the nation’s energy generation and delivery systems.


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Wireless Power Technology Showcased at Chicago Museum

Nicola Tesla proposed the theory of wireless power transmission in the late 1800s and, in the early 1900s, he wirelessly powered lighting fixtures at his lab.


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First Electric Provider to Offer Prepaid Power at 30 to 40 Percent Less

Nations Power, a certificated retail electric provider to smart-metered customers in Texas, recently announced that it is providing prepaid, real-time pricing for electricity to customers at rates 30 to 40 percent lower than other prepaid companies that bill on an estimated basis, which costs the c


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Ever Vigilant

During my career, I have encountered many electricians and engineers who considered installing power quality monitors to be a nonhazardous job that requires nothing more than hooking up the voltage clip leads and putting on the current probes to the proper conductors.


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Ask Your Accountant

The Fiscal year 2011 budget President Barack Obama released in February contains more than 100 potential tax changes, many of which may affect your business.


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Glendale, Calif., First in Nation to Sign Contract for Federal Smart Grid Grant

Glendale Water & Power (GWP) signed a contract for a $20 million federal Smart Grid Investment Grant from the U.S. Department of Energy (DOE), becoming the first city in the nation to receive smart grid funding under the American Recovery and Reinvestment Act (ARRA).


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The Letter of Intent

An illusory promise is an oxymoron, as it is not a promise at all. “I will take out the trash” is a promise of sorts. “I will take out the trash if I feel like it” is illusory.


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