Finding a Electrical panel upgrade costs, can sometimes be overlooked until they start causing problems or fail to meet current safety standards. A lot of people think that simply upgrading their old electrical panel will fix all of their issues. This is often the case but it depends on the condition of your electrical panel.
In this article we will go over what an electrical panel is, how long they last, the costs involved in upgrading them and hidden fees you may incur during the process. We want you to know the truth behind upgrading your electrical panel so you can budget accordingly.
What Is An Electrical Panel?
An electrical panel, also known as a breaker box or load center, distributes electricity throughout a home by routing power through individual circuit breakers or fuses. The main function of an electrical panel is to regulate and control the flow of electricity into your home. Your home’s wiring runs from the main service entrance (where the power enters) through the electrical panel and then out to various outlets, lights and appliances. In addition to regulating electricity, electrical panels also provide a safe way to disconnect power to specific parts of your home when maintenance or repairs are needed. To find out what the electrical panel upgrade costs will be call a electrician.
The Lifespan Of An Electrical Panel
The average lifespan of an electrical panel upgrade costs may varies depending on factors such as the type of panel used, usage and quality of materials. Typically, most homeowners replace their electrical panel every 10-20 years due to wear and tear caused by the constant flow of electricity. Over time, the components within the electrical panel may deteriorate or become worn down which can lead to malfunctions or even fires. As mentioned above, many factors affect the overall lifespan of an electrical panel, so it is possible for some to last longer than others.
Costs Involved In Upgrading Your Electrical Panel
As stated previously, upgrading your electrical panel upgrade costs typically occurs after the original panel has reached its lifespan. There are several factors that contribute to the overall electrical panel upgrade costs. These include:
- Size: Larger homes require larger electrical panels.
- Type: Different types of electrical panels vary greatly in price (ie: standard, smart panel, etc.).
- Age: Older electrical panels may contain outdated components and may require additional labor to remove and install new components.
- Code Requirements: Many cities have updated codes that require newer electrical panels to include features like AFCI protection, Arc Fault Protection and Ground Fault Protection.
These factors directly affect the final cost of replacing your electrical panel. For example, let’s say you need a new 100 amp electrical panel for your home. If your home does not currently have one installed, you will need to hire a licensed electrician to run the necessary wiring from the main electrical service entrance to the electrical panel. If your home already has a 100 amp electrical panel installed, your licensed electrician will simply disconnect the old panel, connect the new one and test the entire system to ensure everything works safely and properly. It is always recommended to consult with a licensed electrician before starting your project so you know exactly what to expect and can plan accordingly.
Hidden Fees In Electrical Panel Upgrade Costs
Finding the right price for electrical panel upgrade costs, is difficult. While the costs listed above may give you a general idea of what to expect, there are other expenses you should consider. Some common hidden fees associated with electrical panel upgrades include:
- Permits: Depending on where you live, permits may be required to perform electrical work. Permit fees range from $50-$500, depending on the city and the type of permit(s) required.
- Inspections: Inspections are usually included in the cost of the permit, however in some cases, inspections may need to be performed multiple times due to minor issues that were discovered during testing. Additional inspection fees typically range from $75-$150 per visit.
- Removal Of Old Panel: If your electrical panel is located in a difficult-to-reach location or requires disconnection from other electrical components, removal may add to the overall labor cost. Removal of old electrical panels can cost anywhere from $50-$300, depending on accessibility.
- Addition of New Wiring: Depending on the size of your home, the distance between the main service entrance and the electrical panel and/or the number of circuits being added, the cost of running new wiring can significantly increase the total cost of your electrical panel upgrade.
As mentioned earlier, it is crucial to discuss these potential hidden fees with your licensed electrician prior to beginning your project so you can factor them into your overall budget. Additionally, working with a reputable licensed electrician who provides detailed estimates upfront will help reduce the risk of surprise charges later in the process.
How To Choose The Right Licensed Electrician For Your Electrical Panel Upgrade
Choosing the right licensed electrician for your electrical panel upgrade costs can save you money and stress in the long run. Here are a few tips to keep in mind when selecting an electrician for your project:
- Licenses: Always verify an electrician’s license to ensure it is valid and active. You can check the Florida Department of Business and Professional Regulation website to confirm license.
- Insurance: Verify the electrician carries workers’ compensation insurance and liability insurance to protect you and their employees.
- Experience: Look for an electrician with experience performing residential electrical panel upgrades. They will likely be able to identify issues and provide solutions quickly and efficiently.
- Bids: Get bids from at least three different licensed electricians to compare prices and services offered. Be wary of low bids; they may indicate the electrician will use subpar materials or take shortcuts.
When choosing an electrician, do your research and ask plenty of questions. Working with someone you trust will make the process much easier and less stressful. Also, don’t forget to ask for references and review their online ratings to get a better understanding of their reputation.
Conclusion
Finding a license electricians to give you electrical panel upgrade costs, can be a complex task, especially if you’re unsure of the costs involved or the type of panel you need. However, with knowledge of the process and the ability to identify potential hidden fees, you’ll be well-equipped to navigate the world of electrical panel upgrades. By hiring a qualified, licensed electrical contractor and doing your research, you can rest assured that your electrical panel upgrade will be done correctly and safely.
