Upgrading Your Electrical Panel: What Homeowners Need to Know

Upgrading Your Electrical Panel: What Homeowners Need to Know

Electrical
By Contractors.com Team March 09, 2023

When it comes to home renovation, upgrading the electrical panel is an essential but often overlooked task. Your electrical panel is the heart of your home's electrical system, responsible for distributing power throughout your home safely and efficiently. Upgrading an electrical panel can be a significant investment, but it's one that can pay off in the long run with increased safety, improved efficiency, and more reliable power. In this article, we'll cover the top three things homeowners should consider when upgrading their electrical panel.

Capacity

The first thing homeowners should consider when upgrading their electrical panel is the capacity of their current panel. Most homes have a 100-amp or 200-amp electrical service, but some older homes may have a 60-amp or 50-amp service. If your current panel is not meeting your electrical needs, you may need to upgrade to a higher-capacity panel.

The cost of upgrading to a 200-amp panel can range from $1,500 to $3,000, depending on the size of your home and the complexity of the installation. If you need to upgrade your service from 100 amps to 200 amps, the cost could be higher, ranging from $2,500 to $4,000. It's essential to have a licensed electrician assess your home's electrical needs and provide a detailed estimate for the cost of upgrading your panel.

Compatibility

The second thing homeowners should consider when upgrading their electrical panel is compatibility. When upgrading your electrical panel, you'll need to ensure that it's compatible with your home's wiring and electrical appliances. If you have an older home, you may have outdated wiring that isn't compatible with modern electrical systems.

Upgrading your wiring can be an additional cost, but it's one that's worth considering to ensure that your new electrical panel operates safely and efficiently. If you're upgrading your panel to accommodate new electrical appliances or a home addition, you may also need to upgrade your wiring to handle the increased load.

The cost of upgrading your wiring can range from $4 to $10 per square foot, depending on the complexity of the installation. The cost of upgrading your electrical appliances can vary widely, depending on the type of appliance and the level of electrical service required.

Permits

The third thing homeowners should consider when upgrading their electrical panel is permits. In most areas, upgrading an electrical panel requires a permit from the local building department. You'll need to have a licensed electrician perform the installation and ensure that it meets all local building codes and safety regulations.

The cost of permits can vary widely, depending on your location and the complexity of the installation. You'll need to factor in the cost of the permit when budgeting for your electrical panel upgrade.

Upgrading your electrical panel can be a significant investment, but it's one that can pay off in the long run with increased safety, improved efficiency, and more reliable power. When upgrading your electrical panel, consider the capacity of your current panel, compatibility with your home's wiring and electrical appliances, and the cost of permits. Be sure to work with a licensed electrician who can assess your home's electrical needs and provide a detailed estimate for the cost of upgrading your panel.

 

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Written by
Contractors.com Team

Written by Contractors.com Team

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