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. 

Most taxpayers know the Federal Reserve Board of Governors meets periodically to set interest rates, but too often, they leave the deeper analysis to economists.

Various internet sources claim that adults make an average of 35,000 decisions each day. While that total may be in dispute, it highlights the constant activity our brains are in deciding on matters both inconsequential and life changing.

This tunnel lighting is part of Birmingham’s total lighting upgrade.

The City of Birmingham, Ala., announced a new project designed to upgrade its current public parking garage lighting to energy-efficient, connected light-emitting diode (LED) lighting. The retrofits are expected to save about $375,000 per year.


Credit cards typically apply interest to late payments. This interest factor, which may be 18 percent or more, can be viewed as a form of liquidated damages (LDs). The base amount owed is not liquidated, because it depends on your balance, but the percentage is liquidated, or fixed, by agreement.

More on Your Business

 
Underground Report

Extending broadband services to more customers is a priority for telecommunications and cable television companies who are locked in a fierce battle to consolidate and expand their shares of the high-speed Internet market and, with it, other bundled services; fiber optic technology is a key element


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Know Your Scope

What you don’t know can hurt your company: Knowing your company’s complete scope of work is critical to successfully estimating a project; simply studying the electrical design and reading the electrical specification is not good enough.


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Pepco Improving Service Reliability

In an effort to improve reliability, Pepco, the utility serving Maryland and Washington, DC, has two construction projects in progress that will help maintain the supply of electricity for its customers.


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Multifaceted Problem Demands Multipronged Solutions

NECA has been developing and participating in work force recruiting, training and retention efforts for more than 60 years to meet demands for skilled electrical workers.


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Fire Prevention

Only you can prevent ‘PQ fires’: The primary function of a fire department is to prevent and extinguish fires in its district, so if you don’t have any fires, why do you need a fire department? Because with flammable fuels, electricity and people in the mix, fires are inevitable.


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Pepco Improving Service Reliability

In an effort to improve reliability, Pepco, the utility serving Maryland and Washington, DC, has two construction projects in progress that will help maintain the supply of electricity for its customers.


READ MORE

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