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. 

The United States is undergoing a major shift in the way it generates and consumes electricity. In the midst of such visible changes, strong metrics are enlightening—even if they are, in some ways, stating the obvious.


A prognosticator forecasting the end of electric utilities as we know them isn’t news. Economists and market researchers have been telling this fortune for several years. But when the people in charge of utilities corroborate those reports, it’s no longer a tale read in the tea leaves.

One of Ronald Reagan’s famous quotes about the philosophy of government bureaucracy was, “If it moves, tax it. If it keeps moving, regulate it. If it stops moving, subsidize it.”


A recent case ruled that the contractor’s markup for overhead on a change order covered all overhead, both field and home office. On first impression, this ruling may not seem unusual, but the facts of the case indicate an unfairness in the result.


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