A typical home replacement for a 100–125A indoor panel runs about $1,200–$2,500 in parts and labor; a 200A outdoor upgrade with new meter socket can reach $3,000–$6,000. Assumptions: standard conduit routing, existing wiring reachable within 10–30 feet, and a single dwelling. Buyers typically pay for a full panel replacement, including labor, materials, and permits. Hiring a professional electrician will. Hourly Rates: Licensed electricians currently charge between $50 and $150 per hour, depending on regional demand and experience. Permit Fees: Mandatory electrical permits typically range from $50 to $300. Key cost drivers include panel amperage, number of circuits, location, and permit requirements.
[pdf]