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. 

ETAJ training coordinator Danny VanSickle and instructor Sanders Masters help deliver a trailer full of donated goods to flood victims.

Between Aug. 12–22, an unnamed storm damaged more than 150,000 southern Louisiana homes. Gov. John Bel Edwards said part of the state received more rain in 48 hours than the Mississippi River discharges into the Gulf of Mexico in 18 days.

The New Jersey Board of Public Utilities (BPU) is circulating a draft petition to be used by applicants for up to $1 million in funding for community microgrids in the state.

map of the City Yards Project area

The City of Santa Monica, Calif., recently received a $1.5 million grant to plan and design a microgrid that will incorporate renewable energy (including solar), combined heat and power, small-scale waste-to-energy, energy storage and electric vehicle charging.

The old days

You just spent a lot of time taking off a set of drawings and more time entering the takeoff into your estimating system. Now you can relax, wait for the quotes to come in, send your final price to the general contractors and win the job. Right? I don’t think so.

More on Your Business

What Insurance Are You Buying?

Many subcontractors do not know exactly what they are purchasing when they procure insurance. It is critical for contractors to understand what their insurance covers. This knowledge is pivotal to evaluating the ultimate risks and liabilities to your business as well.

Micro Grids Fight for Independence from Regional Grid

According to the Burlington Free Press, the summer heat wave of 2006 cost businesses in Stamford, Connecticut, tens of millions of dollars due to resulting power failures.

Pepco Educating the D.C. Area

According to the Washington TimeS, Washington, D.C.-area electricity provider Pepco announced it is laying out its plan for spurring energy conservation and using innovative technologies like smart meters to combat global warming, save customers money and avoid midsummer blackouts.

To Sell or Not to Sell?

Part 1 of this series outlinedsome possible reasons for deciding to sell your business, the concept of fair market value and some factors that will influence the potential value of your company in a sale.

Lady or the Lion?

Remember the myth about an Impossible choice?A poor knight is rejected by the king as a suitor for his daughter. To test the knight’s love, the king tells him he can have his daughter in marriage if he selects the correct door. Behind one is the lady; behind the other is a lion.

Average U.S. Electricity Prices Rise Another 4.7 Percent

Following an increase of nearly 11 percent in the year ending in April 2006, the average price of electricity for industrial or large commercial entities in the United States rose another 4.7 percent over the past year.

Keep the Lights On

With building green comes the ongoing task of maintaining a green building. The Commonwealth of Pennsylvania was an early proponent of building green, and it remains an influence on the movement today.