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. 

Some may be skeptical of its credentials, but carbon capture has its proponents, and as policy makers have been known to say, everything should be on the table.

Hioki PQ3100 PQ analyzer

The quality of electric power that operates building systems has always been important, but as these systems have become more complex, the effects of power quality (PQ) issues have multiplied.


In January, the National Energy Board (NEB) of Canada announced that it has approved the Lake Erie Connector Project, a 117-kilometer (km) international transmission line that will connect Ontario with Pennsylvania, running under Lake Erie.

U.S. utility-scale electric capacity additions and retirements (2002 - 2016). Courtesy of www.eia.gov.

On February 27, 2017, the U.S. Energy Information Administration (EIA) released a report detailing the additions and retirements of utility-scale electric generating capacity across the U.S. in 2016.

More on Your Business

 
Watt Are You Paying For?

The phrase "the good old days" describes a time (real or imagined) that a person thinks was better or simpler. The good old days were when the electric bill was proportional to how many times the black line on the thin metal disk inside the glass of the electric meter rotated.


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Pricing to Compete

Oil prices are affecting everything, from transportation costs to commodities, and you may be tempted to alter your pricing to increase your backlog as a cushion against future uncertainty. Maintaining your sales revenue is like a game of basketball: most games are won by just a few points.


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Across the Ages

The industry is changing, which means changes for supervisors. More specifically, the labor resource for the electrical industry is undergoing significant change. Shortages in labor have been persistent for many years, but the shortage is now becoming acute, especially in some areas.


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The ABCs of PoE

According to Daniel Feldman, Technical Chair of the Ethernet Alliance’s PoE subcommittee, the base definition of power over Ethernet (PoE) is, “a technology that allows for the powering of devices through Ethernet cables.” At this time, IEEE 802.3AF is the de facto standard.


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Promises to Keep

As electrical contractors face an uncertain marketplace,it is tempting to cut marketing and advertising expenses.


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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.


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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.


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