Expect to pay anywhere from $400 to $2,000 for a new subpanel, depending on its amperage. If your main panel is in good shape and is less than 25 years old, it’s more affordable to add a subpanel rather than replace your entire panel. Let’s say you added a new addition to your home or want to extend your electricity to your garage. Older fuses tend to be more expensive than newer switches. Replacing a circuit breaker switch costs around $100 to $200.
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Note that your local electrical company will install your meter box, typically, not your electrician. The cost of a meter box averages anywhere from $100 to $500, not including installation. If your meter box is old or damaged, or you are making an electrical service upgrade, you’ll want to upgrade your meter box, as well. Meter boxes measure your home’s energy usage. In that case, you’ll want to know the cost of replacements for specific parts. Sometimes, replacing your entire electrical panel isn’t necessary. What Is The Cost To Replace An Electrical Panel In 2023? While we work hard to provide accurate and up to date information that we think you will find relevant, Forbes Home does not and cannot guarantee that any information provided is complete and makes no representations or warranties in connection thereto, nor to the accuracy or applicability thereof. The compensation we receive from advertisers does not influence the recommendations or advice our editorial team provides in our articles or otherwise impact any of the editorial content on Forbes Home. Second, we also include links to advertisers’ offers in some of our articles these “affiliate links” may generate income for our site when you click on them. This site does not include all companies or products available within the market. The compensation we receive for those placements affects how and where advertisers’ offers appear on the site. First, we provide paid placements to advertisers to present their offers.
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