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 NECA Show is the biggest trade show and convention in electrical construction. Each year, more than 300 exhibitors and thousands of attendees come together in a different city to network, learn, and grow as individuals and businesses.

Many roofs were torn off when high winds from Hurricane Maria struck Puerto Rico. U.S. Air Force photo by A1C Nicholas Dutton

Hurricane Maria slammed into Puerto Rico on September 20, leaving the American commonwealth without communication or power and severe lack of food, water and gasoline. Hospitals are running on generators, with fuel dwindling. And without power, water can’t be pumped into homes and businesses.

Students, their parents and high school administrators are taking a second look at careers in the construction trades.

The construction labor shortage isn’t going away. In fact, it’s growing. In response, the value of a trade education also is rising. It’s beginning to change minds and attitudes.


Prior to 2017, the United States had never experienced two Category 4 hurricane landfalls in the same year. Hurricanes Harvey and Irma occurred within just two weeks of each other.

More on Your Business

 
Friendly Transmission

“Tres Amigas” means “three friends” in Spanish, and developers of a major transmission hub bearing that amicable moniker hope their efforts to join North America’s three largest transmission interconnections proceed in an equally friendly fashion.


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Report: Obama Administration Authorized to Step in to Help Transform Building Stock

The Obama Administration is authorized to play a more active and supportive role in encouraging and progressing the energy efficiency and sustainability of America’s multifamily and commercial building stock, according to a report released by the U.S. Green Building Council (USGBC).


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Ask Your Accountant

Last month, we explored some potential tax law changes that might affect your business. Let’s review a few more as well as some revenue-raising proposals.


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Report: Proposed Legislation Would Spur Job Growth

Recently, the Electricity Storage Association (ESA) released a study that projects the size of the rapidly growing energy-storage market in the U.S. electricity grid.


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First Electric Provider to Offer Prepaid Power at 30 to 40 Percent Less

Nations Power, a certificated retail electric provider to smart-metered customers in Texas, recently announced that it is providing prepaid, real-time pricing for electricity to customers at rates 30 to 40 percent lower than other prepaid companies that bill on an estimated basis, which costs the c


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Ever Vigilant

During my career, I have encountered many electricians and engineers who considered installing power quality monitors to be a nonhazardous job that requires nothing more than hooking up the voltage clip leads and putting on the current probes to the proper conductors.


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Ask Your Accountant

The Fiscal year 2011 budget President Barack Obama released in February contains more than 100 potential tax changes, many of which may affect your business.


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