How Much Does It Cost to Upgrade an Electrical Switchboard?

Electrical switchboards are essential elements of a home. If you have switchboards older than 25 years, it’s time to consider upgrading them. They may need to be upgraded for various reasons, such as enhancing safety, supporting modern appliances, preventing electrical fires, and more.

But upgrading a switchboard comes with associated costs, which depend on whether you’re looking for basic or advanced upgrades. The average cost of an electrical switchboard upgrade may vary between $550 and $3,000. This guide can help you understand the breakdown of electrical switchboard upgrade costs. Read on to know more.

How Much Does Electrical Switchboard Upgrade Cost?

The average cost of upgrading an electrical switchboard may range between $550 to $3,000 - which includes the cost of the switchboard. An estimated cost of a 160 amp switchboard maybe $300, whereas a 250 amp switchboard may cost up to $2000, which may fluctuate with the addition of the labor cost. Also, if you’re upgrading to a 3-phase power system, the cost of the switchboard may go up to $3,000.

Here’s an overview of the average cost of replacing a switchboard -

In case of faulty parts, you need to replace or upgrade the specific parts instead of the entire switchboard. Here’s a breakdown of the cost by part -

Meter Box

Meter boxes measure how much electricity a household consumes. If the box is broken or needs an upgrade, you can expect to spend around $100 to $650. The price depends on the type and number of circuits it caters to.

Circuit Breaker Switch

Circuit breaker switches are an important safety component of the electric panel. In case of any fault, the circuit breaker switch cuts off electricity. The cost of a circuit breaker switch may range between $5 and $20, depending on the amps it’s connected to. However, if labor costs are added, the cost may go up to $100 to $200.

Subpanels

Subpanels provide extra space for circuits outside of the main breaker box. Hence, they can increase your home’s electrical capacity and evenly distribute the load. If you need to replace or install a new one, it may cost between $400 and $2,000.

How is the Electrical Switchboard Upgrade Cost Calculated?

Upgrading an electrical switchboard requires proper calculation. Here’s how the switchboard upgrade cost is calculated -

New Switchboard

The cost of material, including the circuit breaker, safety switches, and other essential parts, may cost $500 to $1,500. The cost of a switchboard depends on the quality and the features of the components.

Electrical Labor Cost

The average cost of labor may range from $300 to $1,000, depending on the complexity of the project. However, the cost may go up to $3,000 for rewiring or cabling. The labor charge may go higher, depending on their experience and skills.

Permits and Inspection

The fees of securing a permit and getting the inspection done may cost around $200-$500.The permits required may depend on the state regulations and the complexity of the project. Here are some common requirements -

• Electrical work permit

• Certificate of Compliance

• Notification of electrical distribution

• Inspection by an electrical regulator

Cabling and Rewiring

Sometimes, there might be a need to replace cables that extend from the overhead supply to the POA (Point Of Attachment) and then to the service fuse within the switchboard. The cost of replacing them may range from $1,000 to $3,000 for residential properties, and for commercial properties, it may cost between $3,000 to $5,000.

Property Rewiring

If the wiring of the home is too old and does not comply with the regulations of the region, it may need complete upgrading. The complete rewiring cost may range from $4,000 to $8,000. If your home is more than 40 years old and you experience the following, it’s time to replace the complete wiring -

• Burning smell

• Buzzing or sizzling sounds

• Hot or discolored power points

• Sparks or minor shocks when operating the switchboard

Additional Cost Associated With Electrical Panel Replacement

When calculating the cost of an electric panel upgrade, there are certain additional costs that should be considered. Here are some additional work that may vary the cost -

Installing Additional Outlets

It is very obvious that you may want to install new or additional outlets. New outlets usually cost between $100 to $200 - depending on the wiring and the location. This may seem like an increased cost, but if you get it installed afterward, it’ll cost you more.

Drywall Repairs

If the electrician needs to access the wire behind the wall, they may need to remove the drywall. Sometimes, the drywall gets damaged, and the repair cost of drywall can range from $60 to $100 per hour. However, most electricians fix the drywall themselves, which saves you some dollars.

Asbestos Panel Removal

The asbestos panel also needs to be removed and disposed of properly. This is because the switchboard contains asbestos, which is harmful to health. Hence, it should be taken care of in accordance with the regulations of the region. This may cost you additional charges, which increases the overall cost of upgrading the switchboard.

Residential Vs. Commercial Switchboard Upgrade Cost

The cost of upgrading switchboards in domestic and commercial differs due to differences in the size of the premise, electrical demands, etc.

Residential Switchboard Costs

Due to their small capacity and lower electrical requirements, the cost may range from $800 to $2,000. Hence, they are affordable as compared to commercial premises.

Commercial Switchboard Costs

Commercial buildings require high power consumption because of their huge size. Hence, the cost may range between $2,000 and $5,000 (or higher).

Factors That Influence Electrical Switchboard Upgrade Costs

Understanding the factors influencing the price can help you figure out an estimate of how you can spend. Here are certain factors that influence the price of electrical switchboard upgrade costs -

Size and Type of Property

Larger properties have more electrical demand, which means they require switchboards with higher capacity. Here are some of the factors that determine the cost of a switchboard upgrade -

• Number of spaces

• Voltage and amperage

• Dimensions and enclosure

Type of Switchboard

There are many types of switchboards available, and the cost may vary depending on the characteristics and features of each one. Here are some of the electrical switchboards you can choose from -

• Cast resin switchboard

• Air-insulated switchboard

• Metal-enclosed switchboard

Also, different manufacturers offer the same switchboard at varying prices. Hence, it is advisable to talk to your electrician about your budget and requirements. They will help you choose the best one within your budget.

Age and Condition of the Existing Electrical System

If your current electrical system is damaged or outdated, your electrician will need to upgrade it during the panel replacement - which increases the cost. The extent of the price increase depends on how much of the existing system needs to be replaced.

Amperage of the New Box

The amperage of the electrical panel box dictates the home’s power capacity. In general, higher amperage panels cost you more. Here’s a breakdown of the cost based on the amperage of the box -

Trenching

Sometimes, replacing an electrical switchboard may require burying an overhead electrical line. The process involves hiring an electrician to take care of the wiring and an excavator to dig the trench - which may cost around $6 per linear foot.

Conclusion

It is important to keep your electrical switchboard updated with the latest safety standards to prevent electrical fire, sudden shocks, flickering lights, etc. Upgrading electrical switches ensures all the necessary safety requirements are met. If you are not sure whether or not you need to upgrade, it’s best to consult a professional.