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. 

Once again, I was inspired to write after reading a post in a LinkedIn construction group. The article, “If I Own a Drill, Does That Make Me a Dentist?” laments the belief that simply buying a tool makes one a skilled craftsperson.

From left: Greg Cummins, Ed Schuler and Kevin Rickett

Smarter materials management is especially beneficial in electrical service work. Service electricians are constantly confronted with the challenge of obtaining materials while striving to minimize the amount of lost time, back-and-forth travel and rush charges that inevitably follow.


Klein voltage tester with flashlight

One of the most basic tools every electrician carries is the noncontact voltage tester. Essential complementary tools include circuit breaker finders and tone probes for tracing wires. Scanning devices are able to see through walls and floors to identify wires, conduits and other objects.





A recent World Wildlife Fund survey found that almost half of Fortune 500 companies have at least one climate or clean-energy goal. It’s good business to be eco-friendly, and the construction industry has made great strides in going green without sacrificing profits.

More on Your Business

 
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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Report: Proposed Legislation Would Spur Job Growth

Recently, the Electricity Storage Association (ESA) released a study that projects the size of the rapidly growing energy-storage market in the U.S. electricity grid.


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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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Quality of Power?

Nearly a decade ago, a collaborative project with Duke Energy, Clemson University and Dranetz-BMI tried to change the focus from the quality of power to the quality of the process.


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