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Zamboknee 03-02-2013 12:44 PM

New Panel Costs
 
I know it's impossible to give me an exact price but what does, ballpark, a new electrical panel install job cost?
My neighbor, who's an electrician, quoted me a couple prices based on a couple different options which I've included below.
The current panel is from the original 1989 build of the house and its not meeting our needs anymore.
According to my neighbor a new 200 amp panel with circuits and wiring, tamper-proof outlets (required by code out here in Des Moines, Iowa) would cost me $5500 (materials and labor).
Is this price, again ballpark, fair? HomeAdvisor has the high-end at $1400
Obviously every situation is different but wanted to know what you pros thought.
-House is about 1400 square feet
-split level
-built in 1989
-basement is finished except for about 400 square feet

k_buz 03-02-2013 12:46 PM

I am not going to comment on price, but I doubt you would need to replace existing recepts to tamper-resistant for a panel change.

oh'mike 03-02-2013 01:03 PM

I will comment on price-----wow---get competitive bids----in this area $1200 to $2100 is common--unless you have something unusual that price is higher than average----

Perhaps you need new underground wires or something not apparent in your description of the work--

Zamboknee 03-02-2013 01:06 PM

Quote:

Originally Posted by oh'mike (Post 1128253)

Perhaps you need new underground wires or something not apparent in your description of the work--

No underground wires. They WILL have to replace the feed from the street to the house.

oh'mike 03-02-2013 01:08 PM

Get a couple more bids-----

Neighbors or not---

joecaption 03-02-2013 01:39 PM

Not sure how it works there but around here the power company will run the wires from the pole to the new meter base the eletriction installs and you pay for, for free.

gregzoll 03-02-2013 03:12 PM

What do you mean by not meeting your needs any more? Are you tripping breakers all of the time, out of panel space, what manufacturer & model# of the current panel, how many amps is it? Inquiring minds wish to know.

Our household barely hits 16 amps of use in a day, even if have the clothes washer, dryer, dishwasher, microwave, av system, three tv's going all at once. We have 100 amp service, for most households, that is more than enough, unless you have a electric water heater, electric stove & oven, sauna or steam shower, pool or spa pump.

rrolleston 03-02-2013 03:27 PM

For almost all homes 100 amps is plenty. The only reason we have 200 amps in our home is so we can use an electric tankless water heater. If you are not tripping breakers and just need more space. I would just have a bigger panel installed.

electures 03-02-2013 05:01 PM

Take a picture of your panel and post.

rjniles 03-02-2013 05:37 PM

Quote:

Originally Posted by rosem637 (Post 1128343)
Out of the $5500, did the electrician happen to tell you how much of that is parts and how much is labor?

This is an important question.
Thanks

No it is not. The total price is what counts. If I were to bid $5K with 4K parts and 1K labor would that be better than $5K with 2K parts and 3K labor?

Get more bids and be sure you are comparing apples to apples.

Speedy Petey 03-02-2013 05:58 PM

Quote:

Originally Posted by Zamboknee (Post 1128248)
According to my neighbor a new 200 amp panel with circuits and wiring, tamper-proof outlets (required by code out here in Des Moines, Iowa) would cost me $5500 (materials and labor).

Question:
WHY do you "a need a new 200 amp panel with circuits and wiring, tamper-proof outlets"
in a 1989 home???
And I highly doubt the tamper proof requirement for just a panel change.

480, are you around to confirm?

k_buz 03-02-2013 06:10 PM

Wait...I will comment on price...that Home Adviser site is full of chit. I have no idea what it is pricing..."Install Electrical Wiring Or Panel"? WTF does that mean?

gregzoll 03-02-2013 06:20 PM

Quote:

Originally Posted by k_buz (Post 1128482)
Wait...I will comment on price...that Home Adviser site is full of chit. I have no idea what it is pricing..."Install Electrical Wiring Or Panel"? WTF does that mean?

Tell me about it. The problem is, the "average" pricing, is going by the highest priced areas. For me, it would be Chicago setting the pricing on stuff.

k_buz 03-02-2013 06:25 PM

Next time someone calls me up to install an outlet, I'm gonna price it at $1268 and tell them to check HomeAdviser.com as that is the average price to install electrical wiring. If they complain, I'll drop my price to $450. :laughing:

Jim Port 03-02-2013 06:45 PM

Like a website can price something unseen? This is not a tuneup on a car.


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