Whether you need to replace your existing electrical panel or not, you can always opt to upgrade your electrical panel to a more robust panel with more power and energy capabilities. If you own an older home or an older commercial property, you might find that the current panel box doesn’t meet your power needs – especially if you are adding large appliances or tools that may require additional power. But what does it cost to upgrade electrical panel equipment? The reality is that depends on your needs and budget. Read on for more details about upgrading your electrical panel and the associated average costs to have it completed by a licensed electrician.
Review Your Panel Upgrade Options
Depending on the age, capacity, and use of your existing panel, you may be able to update an existing panel quickly and easily to give you a bit more power capacity. Other times, you will need to replace the entire fuse box and panel to ensure your power needs are met. If your panel is older or outdated – or even not up to code – it is best to consider a full replacement and upgrade rather than updating your existing panel. Remember, faulty panels can cause electrical fires, so it’s always wise to replace the entire box rather than push your existing panel beyond its capabilities.
How Much Will It Cost to Upgrade Electrical Panel Equipment?
If you are able to upgrade your existing panel, your costs could be as low as $200-$400. However, if you plan to replace the entire panel and fuse box, your costs will come in anywhere between $1500-$4000 depending on the brand of equipment, fuses, and labor. Be sure to choose a licensed, insured electrician or electrical service company to complete the job to ensure proper installation and prevent technical issues that could lead to a fire or other hazardous result.
Find Out Exactly How Much It Will Cost to Upgrade Electrical Panel Equipment to Fit Your Needs
If you are ready to upgrade your panel, speak to the experts at Brandon Electric. We are a licensed and insured electrical service company that provides residential and commercial panel box installations, repairs, upgrades, and more. Our team can work with you to determine what your best options are for your power needs – and budget. Contact us today for more details!
