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. 

In recent years, efficiency has become one of the primary drivers toward a sustainable energy economy and reduced carbon emissions.

Every month, we pick the top Ideas That Work submitted by you, ELECTRICAL CONTRACTOR readers.

In the age of sustainability, every conceivable energy source gets equal consideration. Just as wind and solar power have had their growing pains, other viable sources will, too.

In December, I spoke at the International Drone Expo in Los Angeles. The Expo lived up to its name as to being “International” in scope.

More on Your Business

 
What You Don't See

In our April column, we discussed the cost of accidents. We demonstrated the amount of work the electrical contractor must perform in order to recover the cost of an accident. Therefore, safety becomes an economic, legal, contractual and business issue.


READ MORE
 
Proposed Power Plant Would Aid Southeast Texas Area

According to a report conducted by The Perryman Group, an economic and financial analysis firm based in Waco, Texas, the construction and operation of Exelon’s proposed nuclear power facility in Southeast Texas would not just increase energy reliability.


READ MORE
 
Accent Energy Launches Conserve|Earn

Accent Energy, a Dublin, Ohio-based energy supplier, has developed a new program that actually pays customers for using less energy. Through Conserve|Earn, the amount of the refund is based on how much energy a customer saves as compared to the previous year.


READ MORE
 
Six Steps to Success

Regardless of the economy's health or electrical contractors’ profit margins, lost assets must be replaced. There are several ways to obtain asset financing, such as incurring more debt in the form of loans or issuing shares of stock to raise capital from investors.


READ MORE
 
An Educated Guess

Conceptual estimating is one of the oldest forms of project quality control and preproject planning. Today, a majority of the conceptual elements are now being performed by technology as opposed to human creativity and inspiration.


READ MORE
 
FERC Examines Causes of and Responses to Rising Electricity Costs

According to the Federal Energy Regulatory Commission (FERC), higher fuel prices, increased capital costs and continued uncertainty about climate policy are helping raise the costs of electricity faced by consumers across the country.


READ MORE
 
Documenting Changes

In October 2007, the American Institute of Architects (AIA) released revisions to its Contract Documents templates. The AIA previously updated the documents in 1997. You should be aware of five areas of significant changes made to A201—General Conditions of the Contract for Construction.


READ MORE

Pages

X