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. 

Thomas Edison got it wrong. He predicted that everyone who pinned their hopes on the future of alternating current was just wasting their time.

One of the cornerstones of the smart grid evolution is the smart meter itself. Capturing and sending data in real time between the utility and the consumer has enabled a level of communication between the two that is almost science fiction-like.

Bosch Tools’ Daredevil spade bit with contoured paddle

Power hand tools have advanced rapidly over the last few years, becoming more powerful, productive, lighter and easier to use. Along with other useful convenience features, most of today’s cordless drills have light-emitting diodes (LEDs) to illuminate the work area.


In October 2011, the Illinois General Assembly enacted the Energy Infrastructure Modernization Act (EIMA). One of the main beneficiaries was ComEd, the Chicago-based electric/gas utility. With the passage of the EIMA, ComEd embarked on a 10-year, $2.6 billion program to modernize its power system.


Electrical Contractor Magazine

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Distributed generation (DG) locates small-scale power generating units close to the load served.

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Lighting demands are changing the nature of recreational field installation Athletes may be playing ball in the dark before long.

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Inventory management tools are a boon for distributors and contractors alike Running leaner, more efficient and higher-profit operations is on the mind of every electrical contractor.

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Use it to your advantage Down time erodes profit, frustrates field employees and annoys managers. Even the best scheduling won’t completely eliminate all gaps in field productivity.

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Watching the market can be helpful One of the operations that is part of the estimating process is researching the most competitive material prices for a large variety of items. Some sources estimate that in excess of 100,000 individual listings would not be an unreasonable content.

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A Bumpy Road Ahead
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When a job goes really wrong, for any number of reasons, it can result in the owner deciding that the contractor is so much at fault that their contract comes to a premature end. An owner’s default termination of a contractor has many ramifications.

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