If your electric panel has seen better days, arranging to have it upgraded may be a job that is on your mind. For many homeowners, arranging to upgrade electrical panel or circuit breaker comes with concern about the amount it will cost. We’ve shared the information you need to know about the costs incurred when upgrading your electrical panel so that you can proceed with confidence – check it out now.
Why You Should Upgrade Your Electrical Panel
Keeping your electrical panel upgraded and in good condition is the best way to keep your home safe from the risk of an electrical fire. Electrical panels work to send electricity around your home where it is needed and if you have extended or added to your electrical system, you may find that your panel needs to be upgraded to deal with the additional demand.
If you have noticed frequent electrical trips or your panel hasn’t been updated since you moved in, now is the perfect time to arrange an upgrade!
Cost of Materials for Electrical Panel Upgrades
To install or upgrade an electrical panel, you will need to be prepared to cover the cost of the materials, which can be up to $2000 depending on how big the panel needs to be and what it needs to cover.
In addition, there will be costs for wiring, connectors, breakers and other accessories that will be used during the upgrade. As with all purchases, each type of component will come with different grades, giving you some ability to budget for what you need.
Other Costs Involved in Electric Panel Upgrades
While the cost of materials is one of the most obvious costs when it comes to upgrading your electric panel, there are other factors that you need to consider too, including:
- Labour Costs – you will need to use a professional, certified installation service to ensure that your upgrade is safe and fit for purpose.
- Inspection Costs – you may need to cover the cost of a panel inspection too, ensuring that the work done passes local standards and has been completed by a fully qualified electrician.
- Local Permits – depending on where you live, you may also need to cover the cost of a permit so that the upgrade work can be done. You will need to check with your local planning team to find out the requirements for your area.
Before you agree to have your electric panel upgraded, make sure you request a full quote from your chosen supplier so that you have a clear understanding of everything you will be expected to pay.
Using a Panel Upgrade Expert
In addition to the cost of materials for your electrical panel upgrade, you will also need to factor in the cost of labour from your chosen firm. At Panel Upgrade Experts, we pride ourselves on offering the best value for money when we upgrade electrical panel solutions for our clients. Reach out to our team to get your no-obligation quote today!
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