The cost to upgrade an electrical panel can range from $500 to more than $4,000. It depends on many factors, including the type of panel, the parts being upgraded, and the amperage. Here is a breakdown:
The electrical panel upgrade cost includes the price of the box and the labor cost to conduct the upgrade. Perhaps surprisingly, the labor cost is usually higher than the price of the new panel itself. This is because you need a certified electrician to perform the task properly. Also, upgrading is not as easy as it may seem. There might be complexity in the wiring system that may take days to finish.
In the US, certified electricians usually charge $40 to $100 per hour. For an electrical panel upgrade, the work will likely take at least eight hours to finish. If the system has no complexity and the amperage is low, it may be close to eight hours. However, complicated upgrades might require up to 20 hours to finish.
Do not ever consider hiring an unlicensed electrician. Although their fees are significantly cheaper, you won’t know if they have performed the job correctly. Improper installation can have dangerous consequences. It is not worth the initial money you save.
The lowest amperage of electrical panels commonly found is 60 amp, which is enough for a small house with essential appliances. When your electricity is no longer enough to supply the power you need for the daily use of your appliances, then it is time to upgrade your electrical panel to increase your amperage. Now here are some prices of electrical boxes and estimates of the overall cost to perform different amperage upgrades:
● 60 to 100 amp upgrade
Box price: $100 to $200
Total cost: $500 to $1,500
● 100 to 150 amp upgrade
Box price: $150 to $300
Total cost: $750 to $2,000
● 150 to 200 amp upgrade
Box price: $300 to $400
Total cost: $1,000 to $3,000
● 200 to 400 amp upgrade
Box price: $400 to $800
Total cost: $800 to $1,500
A circuit breaker is much safer than a fuse box. If you are still using an old fuse box as your electrical panel, consider upgrading to a circuit breaker panel. If there is no other work required, the cost to upgrade to an electrical panel from a fuse box will be around $1,000 to $4,000.
Some adjustments might be necessary due to the upgrade, which means increased costs. Here are some possible additional costs:
● Permit cost: $20 to $100
● Electric meter box: $55 to $800 depending on the amperage
● Sub-panel installation: $500 to $1,000
● Moving the panel: $800 to $2,500
● Wiring additions: $600 to $2,500
Before hiring an electrician, make sure to ask for a quote from each candidate. Bear in mind that different people or companies may set different fees for their service. Whoever you end up hiring, make sure that they give you the most value for your money and have the credibility to complete the job properly.
ECM Service – Electrical Pros
Upgrade electrical panel cost, and other FAQ’s.