When maintaining your house, a question may arise: what would the estimated electrical rewiring cost be? The electrical rewiring of your home depends upon various factors, which are essential to know when indulging yourself in the maintenance of your house wiring. Rewiring is required to eradicate any known faults in the wiring that may cause harm in the future. In this guide, we will discuss the estimated cost of electrical rewiring and the factors that influence the price.
Understanding Electrical Rewiring
In electrical rewiring, all the outdated wiring of the house is replaced with new wiring. A faulty electrical wiring in a residential property is a sign of danger and indicates that energy efficiency is lost. Old and faulty equipment often trips your breakers and sometimes makes the electrical bulbs flicker. You can avail of residential electrical services to eradicate all the problems related to your house’s electrical wiring. Improved electrical wiring helps you save money on bills, appreciates the overall property value, and reduces hazardous risks.
Factors Affecting Cost
Electrical rewiring of a residential property depends upon various factors listed below.
Size and Layout of the Property
The size of the property is an essential factor that affects the cost of rewiring. The larger the size of the property, the more the cost of electrical rewiring will be.
Condition of Existing Wiring
The condition of existing wiring directly affects the cost of rewiring. If the state of the existing wiring is old, then it will be required to be changed, increasing the rewiring cost.
Type of Wiring of Material Used
There are generally two types of wiring materials available in the market. The copper wire is expensive but offers better conductivity. On the other hand, silver wiring is cheap and is recommended by only some. If you opt for Cooper wiring, the cost will ultimately increase.
Permits and Inspection
Sometimes, inspection is required before, during, and after rewiring the residential property, which increases the cost. Also, a permit is needed from the residential building to rewire the residential apartment. This permit is an additional cost for the owner.
Additional Installations
If you wish to install more appliances like switchboards, light sockets, or other equipment, this will increase your rewiring cost.
Cost Breakdown
The breakdown of the cost of electrical rewiring includes the material cost, labour cost, permit cost and any other additional costs. A thorough analysis of the price is given below:
Labor Cost
The labor cost includes the pay of the worker. This typically varies from $50 to $100 per hour, depending upon the complexity of the work. Contacting a residential electrical service provider can get a more accurate labor cost.
Material Cost
Material cost includes the cost of the wiring, switches, and other electrical equipment. This cost depends on the condition of the old wiring and the quality of the material you choose.
Permit Cost
Permit cost is a fixed cost and depends mainly on the location of the building. In general, it varies from $50 to $200.
Additional cost
The additional cost includes installing any other electrical appliances in your house. This purely depends upon your requirements.
DIY VS Professional Rewiring
Some residential property owners may consider changing the wiring and carrying out other operations to save the cost. But let me inform you beforehand that indulging in such activities might result in fatal accidents. Try to avoid involving yourself in activities where electricity is involved. On the other hand, hiring a professional electrician helps carry out the whole process easily without any threat, and he makes sure to use his expertise to ensure safety in the residential property. If you want to hire a residential electrician, you can search online for residential electrical services.
Tips for Saving Money
The practical tips for saving money include:
- Negotiating with the contractor.
- Taking quotes from various suppliers and comparing them.
- Utilizing promotions and discounts.
- Minimizing additional cost.
Homeowners need to understand the overall cost of electrical rewiring their residential house. Considering the overall budget helps them make appropriate decisions regarding the type of material used and the essential appliances that need to be installed. If you are willing to avail yourself of residential electrical services, contact Got Electric LLC today.
With offices in Ijamsville, MD & Linville, VA, Got Electric offers residential and commercial electric work, including installation, safety inspections, repairs, lighting design, and troubleshooting.
Got Electric also specializes in solar Energy Projects. Our electricians are fully licensed by state and local jurisdiction, ensuring that your electrical projects will be installed to industry and code standards.
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