Electrical Estimate Guide for Commercial Projects

The cost of an electrician varies by geographic region, as well as the complexity of the job. Hiring an experienced electrician to wire commercial projects or electrical upgrades should cost between $45  and $110 per hour, with a one-hour minimum charge ranging from $80 to $140. For specialty work requiring the help of a master electrician, expect to pay $150 for the first hour, with an average hourly rate of $100 to $120.

Electrician costs vary drastically depending on what needs to be done. A simple wall outlet installation will cost around $200, while a larger more extensive project, such as replacing an electrical panel or rewiring a house ranges from $2,000 to $6,000 or more. The cost of the job is typically broken into two parts: materials and labour.

Electrical Estimate Guide for Commercial Projects

Cost to Wire a House

Most contractors are planning to rewire entire commercial projects, including all outlets, lamps, and switches, the basics will cost $2,300 to $5,600 on average for a 1,500-square-foot house. But if you install wiring by running it through main walls, which involves opening walls, removing old wires, replacing them with new ones and rewiring, then the cost could be $6,000 to $10,000.

There are a number of factors that affect the cost of installing a wiring system. The total cost will depend on how many circuits contactors want for commercial projects, how many outlets and lights want, the number of appliances that need to be wired for 220V vs. 110V outlets, and whether or not want any special features like wired fan controls.

 If you’re just getting started, go for a system with about 10 circuits with outlets and about 15 – 20 lighting fixtures. Don’t skimp! How do we know? Because we have seen many jobs where homeowners have used less than the recommended number of circuits or outlets only to end up running power strips off of power strips instead of adding more circuits when they need them.

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Concrete Block Cost Estimator

Electrician Cost to Fix an Outlet

Most contractors are planning to rewire entire commercial projects, including all outlets, lamps, and switches, the basics will cost $2,300 to $5,600 on average for a 1,500-square-foot house. But if you install wiring by running it through main walls, which involves opening walls, removing old wires, replacing them with new ones and rewiring, then the cost could be $6,000 to $10,000.

There are a number of factors that affect the cost of installing a wiring system. The total cost will depend on how many circuits contactors want for commercial projects, how many outlets and lights want, the number of appliances that need to be wired for 220V vs. 110V outlets, and whether or not want any special features like wired fan controls.

 If you’re just getting started, go for a system with about 10 circuits with outlets and about 15 – 20 lighting fixtures. Don’t skimp! How do we know? Because we have seen many jobs where homeowners have used less than the recommended number of circuits or outlets only to end up running power strips off of power strips instead of adding more circuits when they need them.

Cost To Replace A Switch

Installing or replacing a light switch ranges from $80 to $200. The average cost of replacement is $150 to $200 for a single pole switch and $100 to $250 for a three-way light switch.

Charge to Install Lights

Have an electrician install a ceiling fan with a light attached to save money. A flush-mount 13” to 16-light crystal chandelier can run from $10 to $670, while ceiling fans range from $135 to $415. This can include the cost of having an installer install the light fixture; ceiling fans with lights usually carry a lower price tag than those without.

Electrical Inspection Cost

The cost for electrical inspections generally range from free to $400. The fee is calculated based on several different factors. When the inspection is required, you might receive a free inspection. Most home inspectors charge from $250 to $400 unless a home inspection is complimentary or at a special low rate.

Electrical Estimate Guide for Commercial Projects

Attic and Ceiling Fan Installation

Installing a ceiling fan or bathroom vent is a great DIY project for people who have a little time but not a lot of money. A basic ceiling fan installation costs about $100 to $300, not including the cost of the fan itself. The cost of an attic fan installation remains roughly the same, with the price of the fan running from $50 to $300. Installing a bathroom exhaust fan averages from $150 to $550 for a replacement and from $250 to $950 for new construction.

Upgrade an Electrical Panel

If the breaker box has more than two or three open outlets, it’s likely time for a change. A new 200-amp electrical panel will start around $850 but prices can vary depending on where you live and the extra features (power for a pool or central vacuum). If a 400-amp panel, expect installation to cost upwards of $2,500. Electrical problems will never be pretty, so it might be worth spending the money now to avoid later expenses.

Electrical Generator Services

Consumers can save on electricity bills by installing a full house generator that automatically switches on when they lose power. This generator will power the entire house. Consider hiring a licensed electrical contractor to install the unit. Whole house generators cost $6,000 to $11,000, depending on the generator’s size and installation complexity. 

If  propane or diesel supplier does not install the unit, purchase a fuel tank from them. 

Home Automation

Smart home devices help to save money, keep Commercial comfortable, automate routines, and stay connected. But don’t have to spend a tonne for them. Most people pay $600 to $1,800 for basic automation that uses a central hub that programs.

if contractor want convenience features like voice assistants, smart thermostats, locks and lights, the total price can climb as high as $5,000 to $15,000.Anyone  can get started with iControl Networks My Automation Starter Pack or other self-installation kits for $99 (plus the cost of equipment). If hire a pro, expect to pay between $200 and $2,000 per smart home device.

Electrical Estimate Guide for Commercial Projects

Emergency Electrician Cost

Immediate electrical repairs can cost $150 per hour, and some electricians even have flat rate minimums of $200 to $400 for working outside regular working hours, no matter how long they are there. Escape the nightmarish surprise of a big cost just because of a power outage on holidays or weekends with HomeServe’s 2 Hour Emergency Service plan. It covers the system for one year for periods of non-use and non-repair, so if power fails once a year.

Electrical Repair Costs

Hiring an electrician to install or repair light fixtures, outlets, switches, or fans ranges from $145 to $435 depending on how many hours are necessary. For more involved things like installing wiring or replacing an electrical panel, homeowners can expect to pay $2,100 to $6,300.

Hiring the best Electrical Contractor

Hiring the right contractor will not only save the money, but prevent electrical problems from occurring. The first step is to make sure that a professional electrician is licensed and bonded. Next, request some references, and make sure they are people who have experience with the type of work needed to have done. 

Once ready to hire an electrician, get three detailed quotes based on a description of a commercial project. Be cautious if the price of service seems too good to be true or if it’s too low. You should also find out what their warranty is on the job, and what is included in the price.

Electrical Estimate Guide for Commercial Projects
  • Before hiring an electrical contractor for remodel or upgrade, check out the reviews on Google so a sense of the company’s reputation.
  • Finding a great contractor can be tough. So, don’t trust just anybody. The National Association of the Remodelling Industry (NARI) is here to help hire a reliable contractor by Verifying licence and seeing  work.
  • When hiring an electrical contractor, ask for its insurance policy. Always make sure that the contractor carries a minimum of $500,000 in policy just in case something does go wrong. Additionally, if a small general maintenance or repair job on the docket, ask for a copy of  contractor’s liability and property damage insurance.
  • Sure to have peace of mind and know that I hired the right professional. Chosen by some of the best builders in our area, Most Electricians contractors will give a 5 year warranty on the electrical work  provided.

How to estimate electrical work?

Electrical estimating can be a time consuming and difficult process for any electrical contractor. At the same time, accurate bids are crucial to staying in business. With reliable job estimating software like Estimator-Pro, you will quickly gain the confidence you need to win more jobs and expand your business.

Choose the Right Work to Bid

When it comes to electrical estimating like estimate florida consulting, there are three basic types of work that you can  bid. You should avoid bidding any of these three types of electrical projects unless you have previous experience and expertise in the type of work that is being estimated and are willing to invest time in learning the skills required to do this work properly.

Review the Specification

The Division 01 general specifications describe the construction standards, contractor qualifications, payment terms, bonding capacity and insurance requirements for building a new facility on the project site. 

The Division 26 specifications include the quality of materials, installation methods and responsibilities for costs on various portions of the project, such as fire alarm panels, HVAC system and lighting.

Electrical Estimate Guide for Commercial Projects

Review the Drawings

When you are reviewing drawings it is important to appreciate the “Total Project” and your primary attention is going to need to be on the electrical and building systems.

 Review the architectural drawings to get a good idea of the work scopes and size of the project. Drawings are not easy by any means and can frustrate even the most seasoned installers (even this one) so take your time as you move through the drawings and look over everything very carefully.

Perform a Quantity Takeoff

You should take a break from studying for a few hours to practice your quantity takeoff skills. On the attached sheet, we list thirty-nine different types of circuit panels. We also provide a sheet that gives you an idea of what each panel looks like.

 Take your favourite takeoff software and begin the process of counting and measuring items depicted in the electrical drawings. Start with one item (we suggest light fixtures) and count all items sheet by sheet keeping totals per sheet before moving to the next item. If you find something you missed earlier, immediately count it and adjust your previously noted quantity.

Request Supplier

We understand the planning process. At RequestSupplier, we help you shop for all the items your company needs from architects and contractors to plumbing equipment and drywall supplies. And with our free quote engine, we make the whole process fast and easy. 

Just type in what you need, how much you need, and where. We’ll do the rest! From custom quotes on products to a comprehensive list of businesses in your area, RequestSupplier is the best way to start a renovation or new construction project right.

Create your Estimate

To properly determine the material and labour costs associated with each task you must know the quantity and unit price for the type of material you are installing, how much time it will take to install that material, and how many labour hours it takes to install that material. 

Material costs can be determined by calling vendors directly, but labour costs require that a manufacturer knows how long it takes to install that type of material.

Overhead and Profit

After adding your estimated profit, the next item to add to your estimate is your overhead. Overhead is everything that it takes to run your business. Everything from office rent to marketing, bookkeepers, and more should be a part of your overhead pricing. We suggest you make an appointment with a local accountant that specialises in small businesses to help you figure out the cost of running your business.

Build your Proposal

Finally, we need to create our proposal for the General Contractor. This should answer all his questions about the electrical work you’ve provided the bid on. Estimate the time and man hours needed to complete each item in your proposal and explain what you’re providing in more detail.

 Educate his estimator with any electrical terms that may be unfamiliar to him for a more detailed explanation about what is being offered in our bid. Explain each trade in your proposal and how it relates to the other bids he’s received from other contractors over this project.

Double Check Takeoff Quantities & Estimate

A quick way to double check that you are estimating the takeoff correctly is to get a second set of eyes on it. In the construction industry, an estimate is known as a takeoff, and it’s always good practice to get a second set of eyes on them before you submit your bid.

 This checklist does just that by having you complete the major systems in the project and then comparing it to a list of common mistakes for that type of structure. We have included a copy here for your convenience.

Electrical Estimate Guide for Commercial Projects

Submit Bid

Turn your work into an invitation to bid. We’ve done all the heavy lifting on Division 01 so you have a head start on everyone else. Check for errors and take time to study the drawings you’ve been given. Make sure to read all the bid document information, review all the notes, and ask questions when there is something you don’t understand.

Review the Results

When you first start bidding in the electrical industry, it can be tough to determine where you’re in the mix compared to other contractors bidding the same work. That’s why we’ve included our proprietary Bidsketch Bid Analysis Tool inside of your account, so you can view all your bids in one place and easily see how they compare to one another. Bidsketch breaks down your bid by quantities, labour rates, equipment, materials and markup to ensure you’re making money on every project, even before you write the first check.

Best Electrical Estimating Tips To Save Money

Set Proper Plan

Many homeowners have a tendency to write down details of the construction project on their own, but this particular step is a very important one as it helps you and your contractor to agree on the total cost. There are different things to write down, depending on the type of construction project, such as the house size, location, land size and so on.

Detailed and proper plans are required to make a good house. This is true in everything that you do. If you want your house to come up as per your desires, then you will need plans for that too.

Unit Cost Estimating

It seems like a generic approach but unit cost estimating is easier than stick estimates. With the help of this, you need to know the accurate numbers of things that will be used. This can easily speed up everything at once.

The main goal of a construction manager is to get the work completed on time and accurate. You will find yourself on a tight schedule, like another project that needs to be started or finished in different areas. The unit cost method can help you complete one project faster than stick estimating and at the same time you don’t need to worry about the accuracy.

Don’t Ignore Labour Costs

The labour cost is a significant cost when calculating the total cost of your large scale paving job. You have to consider the hourly rates for your labourers as well as if they might work extended hours to complete your project on time or meet deadlines.

Hiring high-quality professional labour is essential to finishing a remodelling or construction project on time and on budget. Calculating the amount you should pay to subcontractors or remodelling craftsmen for their work in advance helps assure that everyone goes home happy at project closeout. Be sure to consider the federal and state payroll tax as well as benefits costs when calculating the hourly wages of each labour worker.

Need Templates for Portfolio, Brochure, Banner, Business Card, Envelope, Invoice, etc?

Template for Contractors

Get Assistance

You need to know construction cost estimating in detail, be to make a high detailed estimate of your project. But if you don’t have the right expertise then it will be difficult to create a high detailed cost estimate of your project. The expertise makes it easy for you to create an accurate and helpful construction cost estimate.

There are some instances that you need much assistance with the purpose of building a project. In such cases as this, it is best to use templates, predefined modules and even take professional help from a relevant resource. With these resources at hand, you can be sure that costs will not be a major factor without the required expertise in your team.

Furthermore, if there are unexpected costs during the construction cost estimate then have an expert take a look to see what needs fixing. If you are still confused about these matters, it is always best to find an expert and request help with their knowledge on the subject.

Good Estimating Software

When you have to estimate a project, you might have many things with you so why don’t you use them for the benefit. In order to avoid the problems, it is best to pick the right estimate software as it has a five-star rating in the market.

Process To Get Electrical Installation Cost Estimate Report

Here I am going to share some steps to get your electrical installation cost estimate report.

  • You need to send your plan to us.

    You can send us your plan on info@estimatorflorida.com

  • You receive a quote for your project.

    Before starting your project, we send you a quote for your service. That quote will have detailed information about your project. Here you will get information about the size, difficulty, complexity and bid date when determining pricing.

  • Get Estimate Report

    We do electrical installation cost estimating and prepare a detailed report for your project. At last you finalize the report and finish the project.

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