What Is The Average Cost For An Electrician?

The average cost for an electrician can range from $150 to $500 per hour. The cost will vary depending on the type of work being done, the experience of the electrician, and the location of the work. It’s important to know that these rates represent the costs associated with running and maintaining a legitimate business, such as licensing, vehicles, maintenance, employee benefits, tools, equipment, etc.

To provide context, according to the most recent Sage Works Industry Data (2018), the average Electrical Contractor made a net profit margin of 5.87%. Other sources quote around a 3% profit margin. This means that for every $100 an electrician earns, they can expect to keep $5.87 or $3.00.

Here are some of the factors that affect the cost of an electrician:

  • The type of work being done: Some types of work, such as installing a new electrical panel, are more expensive than others, such as replacing a light switch.
  • The experience of the electrician: Experienced electricians will charge more than inexperienced electricians.
  • The location of the work: Electricians in major cities will charge more than electricians in rural areas.

If you are planning on hiring an electrician, there are several factors you should investigate:

  • It is important to understand the electrician’s qualifications. Have they been in the trade for 1 day or 50 years? Are they up to date on continuing education requirements? Do they have experience in whatever service you are requesting?
  • You should also ask who will perform your work. Many times, an electrical company will have one licensed individual, and the technicians are unlicensed. These technicians may have years of experience in the trade but remain unlicensed.
  • You should verify that the contractor holds a valid license with the state and maintains proper insurance such as worker’s compensation, general liability, and commercial vehicle insurance. A contractor should have no problem providing this information to you if requested.
  • Does the electrician charge by the hour or offer flat rate pricing, so you are guaranteed a set price before the work starts?

At CK Electric, our electricians are properly licensed, and we carry all required insurance. Our electricians are current on continuing education requirements and stay current on new products and technology. We also offer flat-rate pricing on our projects.

We would love to discuss your project. Give us a call 443.920.3078.