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Electrical Pricing & Profit Calculator
Estimate competitive pricing, margins, and annual revenue by service type.
Job Details
Cost Structure
Round-trip drive time to job site
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How Electrical Pricing Works
Electrical pricing combines skilled labor, materials, permits, and overhead. Residential jobs typically range from $200-$3,000 depending on complexity. Commercial and industrial projects can easily exceed $20,000.
Your hourly rate should reflect journeyman wages, benefits, licensing, continuing education, and profit. Most licensed electricians charge $85-$150/hour for residential and $110-$200/hour for commercial work. Specialized work like solar or EV chargers commands premium rates.
Material costs vary by project type: simple outlet installation ($20-$50 per outlet), panel upgrade ($500-$2,500), EV charger ($400-$1,800), solar system ($10,000-$40,000+), whole-house rewiring ($3,000-$10,000).
Formula
Total Cost = (Labor Hours × Rate) + Materials + (Overhead % × Subtotal) + TravelDemandZones Insight
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