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. 

In January, the United States Department of Energy (DOE) announced that several of its Energy Efficiency and Renewable Energy (EERE) supported technologies won awards in R&D Magazine’s R&D 100 Awards, which the DOE called the “Oscars of Innovation.” A number of these technologies concern ele

Last month, we discussed the direct costs associated with a change order: labor, material, equipment and other miscellaneous costs directly related to the change order. Now, it’s time to look at your indirect costs, starting with overhead.
 Overhead


Mayor Bill de Blasio signs Introduction 247-A into law.

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.

Electrical contractors who have built a successful business in commercial or industrial construction are quick to offer very standard explanations as to why they never pursue residential service work.


More on Your Business

 
Super Wired Up

High-temperature superconducting (HTS) distribution and transmission line has been at the nearly there stage for almost a decade, but industry participants say the technology is now approaching wide commercial use.


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Iowa Company Quickly Rebuilds 345 kV Transmission Line

Interstate Power and Light Company (IPL) of Iowa concluded rebuild work and re-energized a 20-mile stretch of 345 kilovolt (kV) transmission line in Poweshiek County, Iowa. The transmission line was severely damaged on Feb. 24, 2007, during a major Midwest winter storm.


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Estimating the Streets of San Francisco

The NECA Show is just weeks away, and what a glorious location NECA has chosen this year—San Francisco—where wishes come true and everybody leaves with a new takeoff on life.


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Silent Partner

You might have heard horror stories of partnerships ruining companies. That is why most electrical contracting companies are officially organized as corporations, not partnerships. However, corporations may be surprised to find a silent partner at the end of the day.


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SaveOnEnergy.com Provides More Than Lower Energy Rates for Texans

Dallas-based SaveOnEnergy.com makes it simple and worthwhile for Texas residents to shop online for lower electric rates. By shopping for competing rates on SaveOnEnergy.com, customers will find exclusive offers as well as other incentives to switch electricity providers.


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A Little Learning ...

I interpret The adage “A little knowledge is a dangerous thing”to mean just a small amount of knowledge can lead people to do things they aren’t really qualified to do.


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Completing the Incomplete Thought

I can hear youRfrustrated cries of “Part 2? When did he write Part 1?” Well, you need to keep up. It appeared in the June 2006 issue, and it was called “Estimating Blind.” If you don’t have that issue, visit www.ECmag.com, and enter the headline in the keyword search box. OK?


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