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 a 2016 survey conducted by the National Electrical Manufacturers Association (NEMA), facility managers in New York City who benchmark the energy use of their buildings are also more likely to invest in energy-saving technologies.

According to research from the Cockrell School of Engineering at the University of Texas, Austin, homes with solar panels do not require on-site storage to reap the economic and environmental benefits of solar energy.

In a time when competition and pricing pressure affect the electrical industry, it’s especially important to maintain and build your business by taking care of current customers.

A digital marketplace is changing the way electricity is produced, traded and consumed in Australia. Two pilot programs, each including about 5,000 households, will allow homeowners with solar panels and batteries to trade electricity in a digital marketplace—the first such network in the world.

More on Your Business

 
Checking Your Financial Pulse, Part I

If you haven't taken your company’s financial pulse recently, it’s time to review your system for analyzing financial information.


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The False Claims Boomerang

Daewoo Engineering & Construction Company versus United States, 73 Fed. Ct. 547 (2006) involved a claim for excess costs on an Army Corps of Engineers project. A lengthy trial resulted in an award of $50 million against Daewoo for fraud.


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Efficient Use of Efficiency

In the September issue of ELECTRICAL CONTRACTOR, there was an Industry Watch story titled “Efficiency from the Wall to the PC,” about an organization that is campaigning for more efficient power “cords.” There was a reference to a quote indicating only 50 percent of the power that leaves the outlet


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Out in the Boondocks

Generating electricity using wind, solar and geothermal technologies produces none of the greenhouse gases fossil fuel-based plants create and could help reduce our dependence on foreign oil and gas.


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Estimating Software Roundup

Well, it's that time of year again, where I bring the big estimating software dogies home for a checkup, to see what changes they have made while roaming wild out on the range. I have only three pages and four major systems to talk about. So let’s get this roundup started. Yee haw!


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Sweden Boasts World's First ZigBee City

The city of Goteborg, Sweden, plans deploy the NURI AiMiR Advanced Meter-reading Management (AMM) system to 270,000 homes, the world’s largest ZigBee network.


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Electricity Traveling Both Ways Across Texas/Mexico Border

According to the Dallas Morning News, power providers and regulators in Texas are taking steps to establish commercial exchanges of electricity with their Mexican counterparts.


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