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. 

Thomas Edison got it wrong. He predicted that everyone who pinned their hopes on the future of alternating current was just wasting their time.

One of the cornerstones of the smart grid evolution is the smart meter itself. Capturing and sending data in real time between the utility and the consumer has enabled a level of communication between the two that is almost science fiction-like.

Bosch Tools’ Daredevil spade bit with contoured paddle

Power hand tools have advanced rapidly over the last few years, becoming more powerful, productive, lighter and easier to use. Along with other useful convenience features, most of today’s cordless drills have light-emitting diodes (LEDs) to illuminate the work area.


In October 2011, the Illinois General Assembly enacted the Energy Infrastructure Modernization Act (EIMA). One of the main beneficiaries was ComEd, the Chicago-based electric/gas utility. With the passage of the EIMA, ComEd embarked on a 10-year, $2.6 billion program to modernize its power system.


Electrical Contractor

More on Your Business

 
'I Thought You Were in Charge'
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The problem of apparent authority This tale of sloppy paperwork should serve as a wake-up call:

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Restoring the Fifth Star
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In late August 2002, as he walked up to the job site at Le Bec Fin, a Philadelphia establishment that is one of the nation’s finest restaurants, Michael Kahmar, vice president of Kahmar Electric, started slightly when he noticed the sign posted at the front entrance: “Accepting reservations for Sep

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Migrating to Fiber
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Making the smart decision Before upgrading a copper plant to fiber optic cable, evaluate the alternatives. Fiber is great, but expensive. Any time a contractor is asked to pull new cable for a low-voltage installation, there are alternatives the client should hear.

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Marketing Design-Build Services
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Finding the right team is only the first step The popularity of design-build as a project delivery system continues to grow in the United States as more and more owners embrace it. There are a variety of ways that your firm can become involved in this growing market.

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Securing the Education Market
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School systems, colleges and universities are investing heavily to ensure their facilities adequately protect students from an increasingly unstable outside world.

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Estimating Workers' Compensation Costs
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Contractors’ feedback in the preparation of NECA’s Financial Performance Report (Index #1055) indicates that project costs divide among three major divisions. In general, the job costs will generally consume about 60 percent by way of material and labor costs.

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The Proof is in the Paper
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It used to be said that the definition of a “claim” was “an unresolved change order.” That concept has been expanded because of the sheer quantity of claims and litigation in construction. Now, most contracts seek to impose restrictions and limits on change orders and claims.

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