Living in the country or the city, your home greatly relies on your electrical system. Your electrical panel box provides all the electricity to different areas in your home. It’s the first connection to outside power and distributes it throughout the rooms in your home. When it comes time for an upgrade, many different elements go into determining a price. Before you decide that you need a panel upgrade, make sure to run through all the factors before making the big decision.
The average homeowner can expect to pay between $250 to over $1,500 for a new panel upgrade in 2018. In the nation, the average cost to upgrade a panel is around $1,100. Lower amperage panels that don’t need an upgrade but only replaced can be as low as $125 – not including labor or other related costs. Larger panels may be around $3,000 to replace or upgrade.
The cost of labor may be a big part of the total cost. It usually takes from 8 to 10 hours to complete a panel upgrade. Most electricians charge from $50 to $80 an hour. Keeping all that in mind, it can cost anywhere from $500 to $800 for the labor to upgrade a panel.
Thinking about it, it’s quite reasonable. It’s not easy to upgrade a residential panel and you shouldn’t choose just anyone to do so. A professional electrician who is licensed and insured should be chosen to complete the job.
When upgrading your panel to a 200-amp service, the cost can be from $1,300 to $3,000 including installation fees. All situations are different which means it could be more or less depending on your home’s setup. Every single installation is unique. An electrician with knowledge about upgrading panels should be able to assess your situation and give you an accurate quote before beginning the job.
Many factors go into the cost of a panel upgrade. It’s important to look at every aspect of your job and understand it completely – that way there are no surprises in the end. Consult with a professional electrician if you have any questions.
The Electric Connection has performed many panel upgrades throughout the Los Angeles area. Our electricians are trained and knowledgeable about all aspects of electrical work. Contact us today if you are in need of a panel upgrade.
Please note: these prices do not reflect those of The Electric Connection. Please contact us for an estimate regarding your electrical panel upgrade.