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. 

Much of what we think we know about renewable technology comes from visual association. However, much of renewable energy is invisible.


According to a recent report published by Technavio (www.technavio.com), a global technology research and advisory firm, the global prefabricated construction market is expected to grow at a compound annual growth rate (CAGR) of between 6 and 7 percent until 2020.

The need to modernize the nation’s outdated electrical infrastructure has become something of an axiom in the age of renewables. Recognizing that need, the U.S. Department of Energy (DOE) has offered an incentive.


By Felix König (Eigenes Werk (own work) - Samsung S750) [GFDL (http://www.gnu.org/copyleft/fdl.html) or CC BY-SA 3.0 (http://creativecommons.org/licenses/by-sa/3.0)], via Wikimedia Commons

The nuclear power industry suffered another setback in California on Tuesday when PG&E announced that it will close the Diablo Canyon power plant in San Luis Obispo County. It is the second such closure in California in the last three years.

More on Your Business

 
McCormick Educates Users at Annual Conference

McCormick Systems' annual user's conference generally informs attendees of its basic software package's "extras." As with Microsoft's Word, it's estimated most users only take advantage of 10 to 20 percent of the program's capabilities.


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Tempting Fate

Surging power can cause serious injury, death


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The State of Your Estate

Planning to pass on ownership: The equity in a privately held business is usually the largest asset in the owner’s personal estate, and many owners fail to maintain and update documents that coordinate the business with their personal financial plans; make sure that doesn’t happen to you.


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Electroindustry Confidence Index Rises in February

February was a healthy month for the electroindustry, and the future appears bright as well, according to senior industry executives responding to National Electrical Manufacturers Association (NEMA) monthly Electroindustry Business Confidence Index (EBCI) survey; seven of the eight EBCI indices imp


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Attention to Detail

Because everything’s connected—somewhere: Do you know what integrated systems are and how to estimate them? They’re not really that different from standard low-voltage systems, but they require more attention to the drawing details and specifications.


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Illinois Rate Increases Predicted to Diminish State Economy

There is currently a battlefor electricity rates in Illinois; the Citizens Utility Board (CUB), a nonprofit utility watchdog organization created by the state legislature, has called on state lawmakers to roll back the increases recently imposed by utilities, ComEd and Ameren.


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