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. 

Backup power is critical for almost all, if not all, facilities. Design of a backup generator system and its capacity depends on the purpose of a business or facility. Hospitals need a complete backup in the event of a power outage; the lives of patients can depend on it.

As the connectivity of devices over the Internet becomes more commonplace, the need for a universal standard to support that connection becomes greater.


There is a lot of discussion about bid shopping in several of the forums I participate in, so I thought this would be good time to revisit the subject and bring things up to date. I learned very early in my career that having the low number at bid time did not guarantee you a contract. 


Hawaiian Electric Co. recently announced plans that will lower customer electric bills by 20 percent.

More on Your Business

 
Beyond the Basics
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When considering the various financial institutions we personally deal with each day, such as banks and investment corporations, we immediately think of how much security is involved to protect the financial assets held in, or controlled by the institution.

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The Patriot Act Comes Calling
by Staff |
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The terrorist acts of Sept. 11, 2001 created changes in our lives and businesses in ways in which most of us never dreamed possible. One of the most immediate changes in the way in which many do business was the passage of the Patriot Act. The U.S.A.

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Speelman Delivers on FedEx Project
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Federal Express has built its success on understanding that its customers require that their packages be delivered on time and to the right location.

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Energy Management Makes Dollars and Sense
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A large part of the nation has been spooked recently by regional energy crises. If necessity is the mother of invention, then perhaps recent price spikes, power outages and fears of terrorism are causing some people to assume more responsibility for their energy needs.

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Downtime Leads to Lost Revenue
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One of the most power-quality aware industries is the financial market, as it is one of the most dependent on the uninterruptible operation of computer and communications technology equipment for their business to generate “positive money.” It is not surprising that many of the members of the 7x24

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'Mistakes' and the Law
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We all make mistakes. Often, there are no ramifications and the error in judgment can be resolved with an excuse or apology. In contract law, mistakes have a deeper meaning, and the results can be harsh. The law characterizes mistakes and places them into categories.

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Before It Strikes Again
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A couple of months ago we dealt with lightning and the fast transients that can be coupled onto the electrical distribution system of the utility or within a facility, and the use of TVSS (transient voltage surge suppressors) to minimize the potential damage from such.

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