Overview
The 72,100 electrical contractor firms in the US provide electrical installation, repair, and maintenance work. They handle wiring, lighting, networking, fire and safety equipment, and energy management systems, among other tasks. Much of the work is installation and repair of residential electrical wiring. Contractors must buy materials and then install them according to code in homes and other buildings.
Demand Dependent on Construction Activity
Contractors can market new services such as design work during periods of low demand, but new construction ultimately drives the industry.
Liability for Damages
Oftentimes builders or general contractors will try to cut corners, directing ECs to take shortcuts that violate code.
Industry Financial Benchmarks
Here are typical financial statements for electrical contractors.
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