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. 

As the emphasis on building energy efficiency increases, the demand for the technology to create that efficiency is also on the rise.


Have you heard the definition of estimating? It is the art of starting from a random point and then proceeding with great accuracy.


The bread and butter 
of digital innovation is its ability to save. Doing things electronically almost always means doing them faster and at lower cost. This axiom of modern innovation has altered every industry and type of operation.


In January 2013, the Edison Electric Institute—the leading advocacy group of the investor-owned utility industry—released a report predicting “significant future disruption to the utility business model,” thanks to growing adoption of distributed generation resources.

More on Your Business

 
Designing for Reliability and Maintainability
by Staff |
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A successful design/build project is completed on time and within budget, and meets the customer’s needs and expectations. Customers expect a reliable, maintainable system.

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VDV Design/Build
by Staff |
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Design/build is becoming the project delivery system of choice for many customers because it offers several advantages over traditional design-bid-build project delivery.

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Getting Ready for Boom Times
by Staff |
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Electrical contracting industry leaders’ talk could lead you to conclude that there is never a chance to critically examine your business practices. When the economy is booming and projects are ample, there is no time for it. When business is stagnating, there is no money for it.

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Entering the Strange World of Deductive Modifications
by Staff |
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Change orders can be expected in construction, including error and omission corrections in the contract documents, changes in design, taking account of changed conditions, and change orders for claims (overtime, delays, and interferences).

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Columbo No. 2 - Sags and Interruptions from Upstream Events
by Staff |
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Last month’s article focused on power factor (PF) capacitor switching transients. Although most power quality (PQ) disturbances originated from within a facility, we will again focus on an upstream event relative to the point-of-common-coupling (PCC), alias the service entrance.

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Covering the Bases
by Staff |
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Much project estimate information can be readily gleaned from the plans and specifications, but some requirements are hidden in “boilerplate” wording of the contract documents. A typical area that is often left in limbo is the utilities that are to be connected to the project.

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