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. 

Channellock’s 440 12-inch straight-jaw, tongue- and-groove pliers

Most hand tools used by electricians have evolved to improve function, ergonomics and durability. Over time, a simple tool can adjust to special applications. Consider how many types of pliers are available today.


The National Association of Home Builders (NAHB) is foretelling a good year ahead for home remodeling. According to the organization’s 2017 projections, in the average zip code, remodelers will spend roughly $6,200 per home improvement project, up from $5,800 in NAHB’s 2016 projections.

As President of the National Electrical Contractors Association (NECA), I am proud that our members work hard to make their voices heard around the country.

On June 1, after returning from his first international trip, President Trump officially announced his intention to pull the United States from the Paris climate agreement. It's a decision that has rocked the political world, especially in terms of international relations.

More on Your Business

 
Micro Grids Fight for Independence from Regional Grid

According to the Burlington Free Press, the summer heat wave of 2006 cost businesses in Stamford, Connecticut, tens of millions of dollars due to resulting power failures.


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Pepco Educating the D.C. Area

According to the Washington TimeS, Washington, D.C.-area electricity provider Pepco announced it is laying out its plan for spurring energy conservation and using innovative technologies like smart meters to combat global warming, save customers money and avoid midsummer blackouts.


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To Sell or Not to Sell?

Part 1 of this series outlinedsome possible reasons for deciding to sell your business, the concept of fair market value and some factors that will influence the potential value of your company in a sale.


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Lady or the Lion?

Remember the myth about an Impossible choice?A poor knight is rejected by the king as a suitor for his daughter. To test the knight’s love, the king tells him he can have his daughter in marriage if he selects the correct door. Behind one is the lady; behind the other is a lion.


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Average U.S. Electricity Prices Rise Another 4.7 Percent

Following an increase of nearly 11 percent in the year ending in April 2006, the average price of electricity for industrial or large commercial entities in the United States rose another 4.7 percent over the past year.


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Keep the Lights On

With building green comes the ongoing task of maintaining a green building. The Commonwealth of Pennsylvania was an early proponent of building green, and it remains an influence on the movement today.


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Power Line Reconstruction to Begin This Summer in Kentucky

Kentucky Utilities, the Lexington-based power provider, will embark on a much-needed upgrade to its high-voltage transmission lines this summer. The project will involve more than four miles of lines running between two substations, one in southeast and one in east Lexington.


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