

Backlog is not a growth plan. It is a queue that ends.
a queue that ends
Multi-branch electrical contractors and PE-backed platforms are winning more work than they can staff, and still cannot say which segments, service lines or branches actually earn. We diagnose the commercial engine of an electrical contracting business and hand over a written growth plan your leadership team owns and runs. Advisory only: no campaign management, no transaction or M&A work, no engineering or tax advice inside the engagement. Book a meeting and bring twelve months of job costing, backlog and pipeline data.
Tell us a little about your brand and we'll be in touch within 24 hours to lock in a time.

WHAT WE EXAMINE
Four places electrical growth is actually decided.
actually decided
Demand is not the constraint for a professionally managed operator. FMI Consulting puts the U.S. electrical services market at $254 billion in 2026, on the way past $320 billion by 2030 at a 5.9% compound annual growth rate, and reports more than 70,000 firms offering electrical services against only 15 to 20 national players or investment platforms. In a market that fragmented, growth is a management analysis and selection problem long before it is a marketing problem.
Segment and service mix
Recurring service and maintenance
Labour capacity and the growth ceiling
Demand generation and the sales system
Which work you take, and what it earns after the truck rolls.
We read the business as a portfolio: gross margin by segment and service line, new construction against modernization and retrofit against service and maintenance, project size bands, general-contractor concentration, self-perform share, and the difference between the work you say you want and the work you actually bid. Where an intelligence layer exists on end markets such as data centers, health care and advanced manufacturing, we use it; where it does not, building it is part of the plan.
Scale changes the mix. In the 2024 Profile of the Electrical Contractor, firms with ten or more employees drew 43.3% of revenue from new construction and 28.4% from maintenance, service and repair, against 36.6% and 35.7% across all firms. Large operators are structurally more exposed to project cycles, which is exactly why service mix is a strategic decision rather than a residual.
- Gross margin by segment, service line and project size band
- New construction against retrofit against recurring service
- Customer and general-contractor concentration measured
- The bid list compared with the stated target market
$254B
U.S. electrical services market in 2026, forecast past $320B by 2030
The annuity most contractors sell as an afterthought.
Service agreements, preventive maintenance programs, testing and compliance work are where an electrical business becomes valuable rather than merely busy. We measure contract count and renewal rate, revenue per agreement, attachment of a service agreement to completed construction and retrofit projects, technician utilisation on service work, and how the recurring line is priced against the labour it consumes.
The regulatory tailwind is real and documented. FMI notes that NFPA 70B has moved from advisory guidance to enforceable requirements for electrical system maintenance, and that repair and retrofit is already the largest segment at $110.3 billion in 2026, roughly 43% of cumulative forecast spend. Compliance-driven maintenance is a market entry that needs no new geography.
- Service agreement count, renewal rate and revenue per agreement
- Attachment rate of service to delivered projects
- Technician utilisation split between project and service work
- Compliance and testing work priced against labour consumed
$110.3B
2026 U.S. spend on electrical repair and retrofit, the largest segment
The plan has to be staffable or it is fiction.
Every growth plan in this trade runs into licensed labour. We quantify the ceiling instead of assuming it away: revenue per field employee, apprentice pipeline and licence coverage by state, attrition by branch, prefabrication share of installed work, and how much of next year's target depends on hiring that has never historically happened. The output is a growth sequence the workforce can absorb, branch by branch.
This is also where fragmentation becomes an advantage. Approximately 70% of market spending is captured by firms with less than $50 million in revenue, so an operator with real management depth competes against companies whose growth is capped by the owner's own calendar.
- Revenue per field employee by branch and division
- Licence coverage and apprentice pipeline against the plan
- Prefabrication share of installed work
- Growth sequenced against realistic hiring, not target hiring
70,000+
U.S. firms offering electrical services, against 15-20 national platforms
How work arrives, and what it costs to win.
We examine how the business is found and chosen: estimating capacity and bid hit rate by segment and by estimator, the source of every project awarded in the last twelve months, negotiated against hard-bid share, business development coverage of target accounts, the website and its role in specification, and marketing spend reconciled to awarded revenue rather than to enquiries.
Most contracting groups are not under-marketed, they are under-measured. In the Haus 2026 Decision Confidence Index of 500 marketing leaders, only 49% said they can measure marketing's effect on business outcomes and 74% had killed an initiative they could not measure.
- Bid hit rate by segment, estimator and project size
- Source of every award in the last twelve months
- Negotiated against hard-bid share, and the trend
- Marketing spend reconciled to awarded revenue
5.9%
forecast annual growth of the U.S. electrical services market to 2030
Fixed scope with a defined end date, agreed in writing
Twelve months of job costing, backlog and bid history
Advisory only, so the plan can recommend spending less
Every measure cut by branch and segment, never left blended
We made the difference for those brands
01 — The challenge
Revenue is up, the schedule is full, and nobody can say which growth was worth having.
The pattern repeats across multi-branch contractors and platform roll-ups. Backlog looks healthy, so segment selection never gets examined. Service and maintenance is described as strategic in the management meeting and staffed with whoever is between projects. Branches use different pricing habits, different bid discipline and different definitions of a good month, so the consolidated numbers hide both the best and the worst of the business. Marketing is a website, a truck wrap and a trade association listing, and no line of it is reconciled to awarded work.
“We have never been busier and our margin is worse than it was three years ago.”
The market is not the problem. FMI's analysis shows new construction growing at a 6.9% compound rate to 2030 while service and maintenance grows at 5.0%, against a base of more than half of U.S. buildings constructed between 1960 and 1999. When a business grows slower than its own market, the constraint is internal: mix, capacity, pricing discipline or the sales system.
02 — Our approach
Measure the business, decide the mix, then a written plan your managers own. Four to six weeks.
Fixed scope, one senior advisor in every session, no execution work inside the engagement. Week one is measurement. We take twelve months of job costing, backlog, pipeline, bid history, service agreements and marketing spend out of your ERP or accounting system, review the last completed projects by segment, and interview the president or platform lead, the operations and branch managers, chief estimator, service manager and whoever owns business development. Week two is economics: margin by segment, service line and branch, bid hit rate by estimator, revenue per field employee, service agreement renewal and attachment, and a complete inventory of marketing and business development spend against awarded revenue. Week three is the decision session with your leadership team, covering which segments and end markets to pursue, what the recurring service target is, which branches lead which service lines, what estimating discipline has to look like, and where capacity has to come from. The final weeks produce the written plan: a growth model by segment and branch, a target account and end-market plan, a recurring service plan, a hiring and capacity sequence, a marketing brief any agency can be held to, and a monthly scorecard your team maintains. We do not run your campaigns, we do not advise on transactions or valuations, and we give no engineering, legal or tax advice. Everything is handed over in editable files that stay yours.
03 — What we did
How the engagement actually runs.
Job-cost evidence before opinions, capacity before targets, then one written plan your managers have already argued through.
Week 1 / Measurement
Twelve months of job costing, backlog and bids read together
ERP and accounting records reconciled, project reviews by segment, and interviews with the people who price and deliver the work.

Week 2 / Economics
Margin by segment and branch, and the real capacity ceiling
Bid hit rate by estimator, revenue per field employee, service agreement renewal and marketing spend against awarded revenue.

Week 3 / Decisions
Mix, market and capacity decisions taken by leadership
Which segments to pursue, what recurring service has to become, and who owns each number from next month.

Weeks 4-6 / Plan
The written plan, the hiring sequence and a scorecard
Growth model by segment and branch, target account plan, capacity sequence, marketing brief and a short monthly scorecard.

WHAT YOU GET
Six deliverables, all editable, all yours.
all yours
Written for your branches, your segments and your labour reality, in files your team can change without calling us.
Electrical growth plan
Where growth comes from over the next four quarters, by segment, service line and branch, with a named owner for each workstream.
Segment economics model
Margin by segment, service line and branch, with revenue per field employee and the capacity ceiling made explicit.
End-market and target account plan
Which end markets and named accounts to pursue in which order, and the intelligence you need to keep on them.
Recurring service plan
Service agreement targets, attachment to delivered projects, pricing discipline and the renewal measurement behind them.
Marketing brief for your agency
What to buy, for which segments and branches, at what cost per awarded project, written so any agency can be held to it.
Monthly operating scorecard
A short set of defined numbers, from bid hit rate to service renewal to revenue per field employee, your team maintains without help.
HOW WE WORK
Operating standards, not promises.
Operating standards

Multi-branch electrical contractors
Where every branch prices differently and the consolidated numbers hide both the best and the worst of the business.
PE-backed platforms and MEP roll-ups
Where several acquired brands need one growth model, one service standard and a sequence that does not land in the same quarter.
Specialty and mission-critical contractors
Where data center, health care and advanced manufacturing work carries the margin and the capacity ceiling decides the year.
Built on trust. Proven by results.
We partner with SMBs and Fortune 500 companies to deliver more than reach — we bring clarity, execution, and measurable outcomes. Every successful partnership starts with a strong culture fit and a shared drive to grow.








CASE STUDIES
Case studies
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FAQ
What electrical contractors ask before buying growth consulting.
What does electrical growth consulting actually cover?
Four areas and a plan. Segment and service mix, meaning margin by segment, service line and project size band; recurring service, meaning agreements, renewal, attachment and pricing; capacity, meaning revenue per field employee, licence coverage and what the workforce can genuinely absorb; and the sales system, meaning bid hit rate, award sources and marketing spend reconciled to awarded revenue. The output is a written plan with named owners, an end-market plan and a monthly scorecard.
Are you an M&A adviser or a market entry consultancy?
No. We are not a broker-dealer, an investment bank or a transaction adviser, we do not price businesses, and nothing here is legal, tax, accounting or investment advice. Where growth advisory overlaps with corporate development, our work is the commercial layer underneath it: what the business earns by segment and branch, what it can staff, and which end markets deserve investment. Platform operators routinely run this alongside their own bankers and diligence advisers, who ask us for the same analysis in a different format.
Is this only for large contractors?
It is built for operators with real management depth: multi-branch contractors, PE-backed platforms, MEP roll-ups and specialty firms in mission-critical markets. That is a big population rather than a niche one, and it is where the analysis pays for itself. FMI reports approximately 70% of U.S. electrical services spending is captured by firms with less than $50 million in revenue, which is precisely the fragmentation a professionally run business can take share from.
How is this different from an electrical marketing agency?
An agency is paid to run and scale campaigns. This engagement is paid to find out where growth is actually constrained, and in electrical contracting that is usually segment mix, estimating discipline, service attachment or licensed labour rather than reach. Because we take no execution work inside the engagement, the plan can recommend spending less on marketing and more on estimating capacity. Execution afterwards is scoped separately, and the brief is written so any agency, including your current one, can deliver against it.
What does the engagement cost?
A fixed fee quoted after a scoping call, with deliverables and dates written down before you commit. It varies with the number of branches, service lines and systems in scope and the state of your job-costing data, so publishing a rate would mislead most readers. For budget context, The CMO Survey puts marketing at 9.0% of company revenue on average across sectors, and contracting sits well below that. Book a meeting for a scope and a number.
Do you help us decide which end markets to chase?
Yes, and with your own margin data rather than a market report. We compare what each end market has actually earned you against where the market is going, then sequence the ones you can win and staff. FMI identifies data centers, health care, advanced manufacturing and logistics as the primary drivers of new construction electrical spend, with new construction growing at a 6.9% compound rate to 2030. Chasing all of them at once is the common error.
Why so much emphasis on service and maintenance?
Because it is the part of the business that compounds and the part buyers pay for. Repair and retrofit is already the largest segment of U.S. electrical spend at $110.3 billion in 2026, and NFPA 70B has moved electrical system maintenance from advisory guidance to enforceable requirement. Meanwhile firms with ten or more employees draw only 28.4% of revenue from maintenance, service and repair against 35.7% across all firms. Larger operators have more room here, not less.
Will the plan account for the electrician shortage?
It has to, or it is fiction. We quantify revenue per field employee, licence coverage by state, attrition by branch, apprentice throughput and prefabrication share, then sequence growth against hiring that has actually happened rather than hiring that was budgeted. Where the ceiling binds, the plan says which work to decline, which to subcontract and which to price differently instead of pretending the labour will appear.
Our job costing is unreliable. Can you still do this?
Yes, and it is one of the reasons to run the project. We work from accounting records first, reconcile ERP and estimating data against them, and label clearly which findings are solid and which are directional. Where cost coding is genuinely broken, part of the plan is the minimum change that makes next quarter measurable, and marketing operations consulting is the engagement that rebuilds the reporting layer if you want help doing it.
How is this different from a marketing audit?
A marketing audit examines what is currently running and what it returns. This engagement is wider: segment margin, recurring service, labour capacity and the sales system, which is where electrical growth is actually decided, and it ends in a plan rather than in findings. Contractors who want positioning and messaging work instead should look at marketing strategy consulting.
We are a platform with several acquired brands. Does that change the work?
It changes the questions. With multiple brands the useful findings are the spread between operating companies on margin by segment, bid hit rate, service renewal and revenue per field employee, plus which practices from the strongest brand transfer and which are local. The plan is written per operating company and rolled up, with a platform-level sequence so the changes do not all land in the same quarter.
Do you give engineering or code advice?
No. We are a commercial advisory team, not engineers. Code, design and safety questions stay with your licensed engineers and your own compliance leads. What we do is treat the compliance-driven segments as a commercial opportunity: which testing, inspection and maintenance work is growing in your markets, whether your service organisation is structured to sell and deliver it, and what it earns compared with the project work competing for the same technicians.
Which numbers do you want before the first call?
Twelve months of revenue and gross margin by segment and branch; job costing for completed projects; backlog and pipeline with expected start dates; bid history with hit rates; service agreement count, renewal and revenue; headcount and licence coverage; and marketing and business development spend by line. Where records are thin we work with ranges and label them as ranges rather than presenting them as measured.
Do you work with other kinds of company?
Yes. The parent engagement is growth advisory, and the same work runs in other verticals with the mechanics changed, for example HVAC growth consulting, plumbing growth consulting and industrial growth consulting.
What happens after the plan?
Your team runs it, and every workstream has a named owner on your side. Many operators book a review at ninety days to re-measure margin by segment, bid hit rate and service renewal, which takes half a day and is optional. Where you want ongoing marketing leadership rather than a project, a fractional CMO or scorecard advisory is the next engagement, quoted separately.


























































































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