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Home » Pricing » Oil Prices, Inflation Continue to Drive Electrical Material Prices Up

Oil Prices, Inflation Continue to Drive Electrical Material Prices Up

Posted in: Pricing | By: Derrick Delliquadri | September 30, 2005

Prices are going up on thousands of electrical items due to the effects of the recent hurricanes and high oil prices. The items below are an example of just some of the items that have increased dramatically during September/October 2005.

  • Copper Wire
  • Aluminum Wire
  • Conduit and Fittings
  • PVC and Fittings
  • Thousands of other electrical items

What contractor has the rare luxury of time to manually update their bids every time electrical prices change? Never mind taking the time to stay on top of price changes. A contractor can save a lot of time by subscribing to an electrical price update service. Vision InfoSoft offers the EPIC Pricing System as a pricing solution for electrical contractors. EPIC allows you to automatically keep all your pricing updated. EPIC also allows you to pull in pricing from your local suppliers. Using your local supplier’s pricing is free with an EPIC subscription.

Recently, we got word from an EPIC customer regarding the effect the hurricane generated price changes had on his bid.

“Since building materials in general have become so volatile because of Katrina, increasing our EPIC Pricing subscription frequency from monthly to twice monthly made a lot of sense. We recently bid a job w/ EBM that had $7K worth of wire in it. From the time it took for the job to be awarded and the wire order to be placed with our supplier the price escalated to $12K +! EPIC has saved our profits on more than one occassion.” (EPIC Customer Testimonial)

Electrical contractors use EPIC to…

  • Easily update the pricing used for bids
  • View realistic “target” prices
  • Track price changes
  • Link in local supplier pricing
  • Find alternatives, substitutions with “cross referenced” items
  • Research prices for rarely used electrical materials

Click the link below to learn more about EPIC Pricing System:
http://www.visioninfosoft.com/products/electrical/epic/pricing/index.php

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About the author

Derrick Delliquadri
Derrick Delliquadri

Derrick is the marketing director and a project manager for Vision InfoSoft since 2000. He enjoys integrating customer and industry experiences into Vision's software education and marketing. His goal for 2011 is to enhance Vision's current product and service education to help more electrical contractors survive and thrive.

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