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. 

According to the New York City Council website, on March 21, Mayor Bill de Blasio enacted Introduction 247-A, a bill which amends the New York City administrative code to increase the civil and criminal penalties for performing electrical work without a license.

According to the latest data from the Census Bureau and the Department of Housing and Urban Development, new home construction and building permits fell in April, but this drop doesn't really tell the whole story of what is going on in the residential homebuilding market.

I recently read an article regarding excellence versus perfection. It hit the nail square on the head regarding my estimating philosophy, which I developed mostly because of the stark contrast between my first two estimating jobs.


LED lighting solutions have been experiencing rapid innovation, and they're at a breaking point. Now, facilities across the United States are considering lighting retrofits more seriously than ever.

More on Your Business

 
Herding Strays

For this issue concerning public spaces, it seemed appropriate to feature something that the press often calls “stray voltage.” Several recent incidents involving utility Con Edison made headlines in the New York press.


READ MORE
 
Embattled Transmission Project Survives Legal challenges in Rural Tennessee

A federal judge in Nashville has declined to hold up a transmission project by the Tennessee Valley Authority (TVA). His ruling ended a long-running battle between the utility and local residents, allowing the so-called Algood Transmission Line to be completed.


READ MORE
 
A Rose by Any Other Name

It's amazing that searching the Shakespearean quote “A rose by any other name...” on the Internet can elicit such a wide range of subjects relating to it, from “white Merlot” to “hazards of cell phones on humans” to “juvenile justice Swedish style.” So adding one more relating to power quality to t


READ MORE
 
Six Steps to Success

Regardless of the economy's health or electrical contractors’ profit margins, lost assets must be replaced. There are several ways to obtain asset financing, such as incurring more debt in the form of loans or issuing shares of stock to raise capital from investors.


READ MORE
 
An Educated Guess

Conceptual estimating is one of the oldest forms of project quality control and preproject planning. Today, a majority of the conceptual elements are now being performed by technology as opposed to human creativity and inspiration.


READ MORE
 
FERC Examines Causes of and Responses to Rising Electricity Costs

According to the Federal Energy Regulatory Commission (FERC), higher fuel prices, increased capital costs and continued uncertainty about climate policy are helping raise the costs of electricity faced by consumers across the country.


READ MORE
 
Documenting Changes

In October 2007, the American Institute of Architects (AIA) released revisions to its Contract Documents templates. The AIA previously updated the documents in 1997. You should be aware of five areas of significant changes made to A201—General Conditions of the Contract for Construction.


READ MORE

Pages

X