Raiven’s Post

Did you know that while much electrical work focuses on new construction, a third of electrician revenue comes from electrical upgrades? Throughout the challenges of the pandemic, electrical contractors have played a crucial role in keeping homes and businesses powered. With the housing market expanding and growth in nonresidential and utility sectors, electrical contractors are seeing steady revenue growth. Despite rising labor and materials costs, the industry is projected to reach $255.4 billion in revenue by 2024. See the report: https://lnkd.in/dVtFe328 #electricalcontractors #revenuegrowth

The Inflation Reduction Act invested over $9 billion to support electrification. Thanks to these incentives and a growing interest in sustainability, the residential electrification market is expanding by the day. Electrical contractors can unlock exciting opportunities by upskilling and offering electrification services in areas like residential EV charging, electric heating and cooling, or panel upgrades. Learn more about the benefits of pivoting and embracing electrification as a contractor https://lnkd.in/dxEaQKZh #Electricians #ElectricalContractor #Electrification #Raiven

ACEEE's survey of 1,500 U.S. homeowners unveils fascinating insights. They suggest tailoring messages and packages to spark interest in comprehensive energy upgrades, aiming for a 20% reduction in energy consumption. Upgrades like heating/cooling, water heaters, and appliances are gaining traction, with potential savings in mind. 65% of homeowners are willing to invest $1,000, especially those with moderate-to-high incomes and an interest in electric vehicles. Funding options like rebates could help low-income households. Learn more: https://lnkd.in/d-K45u6e #electricalcontractors #greenenergy

Wishing everyone a Happy 4th of July! Today, we celebrate the land of the free and the home of the brave. Enjoy the fireworks, BBQs, and time spent with loved ones. Have a safe and memorable Independence Day! 🎆🌭🎉

Dive into the intricacies of electric vehicle (EV) charging accessibility in multifamily homes (MFHs) with this recent report. Learn about barriers, solutions, and equity considerations shaping EV adoption. Find key recommendations for policymakers, regulators, and MFH stakeholders. #multifamily #ev #evcharging #evadoption #electricvehicle Access the full report here: https://lnkd.in/egCiXApk

Did you know that 48 million homes will need electric panel upgrades before they can support residential EV charging? This need demonstrates the growing opportunities for contractors willing to embrace electrification. As more consumers and businesses explore solutions like electrical heating and cooling, EV charging, or solar panels, high-value jobs are creating exciting opportunities for electrical and HVAC contractors. Our latest blog post takes a closer look at the energy revolution and growth opportunities for contractors https://lnkd.in/dEDQT5zK #Electrification #HVACContractors #ElectricalContractors #RenewableEnergy #Raiven

In New York City, the adoption of window-mounted heat pumps presents a significant opportunity for multifamily building owners and managers to reduce greenhouse gas emissions. These advanced solutions offer substantial energy savings and enhanced comfort for residents, in line with the city's ambitious emissions reduction objectives. #heatpump #hvac #heatingandcooling #multifamily Read the full article: https://lnkd.in/dH7ztt6s

Experts believe that more than 70% of commercial buildings and 48M homes will need a load center upgrade before they can offer Level 2 EV charging as a perk. This number illustrates the scope of the upgrades needed to meet the current demand for electrification. As more businesses and consumers invest in electrification services, electrical contractors are faced with a unique opportunity to grow their business. Our latest blog post is a comprehensive guide to electrification. You’ll learn more about the key technologies shaping this market and some important considerations https://lnkd.in/d-2gbSWZ #Electrification #ElectricalContractors #Electricians #EnergyTransition #Raiven 

Maine's rapid adoption of heat pumps offers significant benefits, from enhanced comfort and lower energy bills for residents to substantial reductions in greenhouse gas emissions. As households transition from oil and propane heating systems, heat pumps offer a reliable and efficient alternative, contributing to a cleaner and more sustainable environment. #heatpump #hvac #heatingandcooling Learn more: https://lnkd.in/ei6cKkKp