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. 

The nation’s energy sector is racing through a period of major transformation, and utilities are jumping on for the ride. According to a recent study, the U.S. electric power industry is investing billions of dollars in smarter energy infrastructure.

Have you noticed the lack of good product seminars from companies making electrical products for buildings and data centers? Companies need to go out to update electrical contractors, project managers and system designers on their products and new systems.

Many estimators start out as electricians, and a significant portion of those are most experienced in residential work. The purpose of this article is to help move these estimators along the path to commercial and industrial electrical estimating.

The National Association of Home Builders (NAHB) has released three recent reports that illustrate a generally positive environment for the housing market, starts and remodeling, though two of the three showed some signs of stagnation.

More on Your Business

 
Time for a Facelift

Recently, a few of us went to George Washington’s Mount Vernon estate for a symposium about the energy efficiency of historic sites. It was hosted by the Washington, D.C., chapter of the Association for Preservation Technology.


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NEMA’s Confidence Index Remains Largely Positive in May

The National Electrical Manufacturers Association’s (NEMA) current and future confidence indexes both inched backward in May, signifying a potential return to the status quo, though currently both indexes remain in the “expansionary range.”


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Home Values Rise to Pre-Crash Levels Finally

After nearly a decade of inching upwards, the national median home value finally surpassed pre-recession levels. According to Zillow Research, in March, the Zillow Home Value Index (ZHVI) hit $197,100, passing the pre-recession peak of $196,600 from April 2007.


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The entrance to Milwaukee Tool's building reminds everyone what the company's mission is.
Milwaukee Tool's 2017 New Products Symposium Responds to Industry Demands

June 6–8, Milwaukee Tool hosted its 10th annual New Products Symposium, an event for construction media to view and get hands-on time with all new products the company is launching this year.


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Keeping Our Voices Heard

As President of the National Electrical Contractors Association (NECA), I am proud that our members work hard to make their voices heard around the country.


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Ideas That Work: Prefab Duct Spacers, a Marking Solution and Large Equipment Ideas

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


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The Cost Savings Of Task Tuning


According to a report from the Minnesota Department of Commerce’s Division of Energy Resources, replacing T12 fluorescents with T8s or T5s and upgrading to LEDs reduces lighting energy consumption.


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