How Much Does Electric Meter Box Replacement Cost in Indianapolis, IN? [2026 Data]

In Indianapolis, IN, a new electric meter box installation costs an average of $957, although homeowners typically spend between $479 and $2,010. For most homes, a 200-amp box is sufficient, but larger homes may require more amperage, which adds to the cost. Read on to learn more about planning and budgeting for a new electric meter box.

Electric Meter Box Replacement Cost Factors 

An electrical meter box is an important component of your electrical system. It holds the electrical meter, which measures the amount of energy your home uses.

In Indianapolis, IN, the cost of a new electric meter box depends on several factors, including the box’s capacity and features, the installation location, and electrician costs.

Power

The cost of the electrical meter box itself is $50 to $335 in most cases, but it varies based on the strength of the box (measured in amperes or amps) and its features. Homes with larger electrical panels need meter boxes that match that capacity. Most homes have an electrical panel that can handle 200 amps.

Here’s what you can expect to pay for an electric meter box (not including labor) depending on your home’s current electrical capacity:

Materials

In addition to the cost of the meter box itself, which runs between $50 and $335, you may need to pay for additional parts and materials for installation. This can include connectors, fittings, and fasteners, which cost around $100 altogether.

Meter Location

Home electric meters can be in several locations, including outside for easy access or next to the electrical panel. But there’s a caveat about electric meter locations: You can’t always change them. Electric meter locations may be mandated by local building codes and agreements with local utility companies. Indianapolis Power & Light Company requires electrical meters to be installed on the front exterior of the home for easy, unobstructed access. The power company may charge you a fee for moving it or may not let you move it at all. If you can move the meter, expect it to cost between $1,435 and $2,395.

However, there is another option: You can move your electrical panel to a new location if it was installed beside the meter. This is a big project requiring a professional electrician, and it can cost between $1,435 and $3,830, depending on the panel’s new location.

Electrician Costs

DIYers shouldn’t attempt to install an electric meter. Always hire an electrician in Indianapolis, IN to ensure the work is done safely and to code.

Labor Costs

It costs an average of $300 to hire an electrician in Indianapolis, IN. The typical cost range is $136 to $464 and depends on the project scope and the electrician’s experience level. Expect a service call fee of $100 to $200 for the first hour and then $50 to $130 thereafter.

Permits

An electrical permit is required to install a new meter box in Indianapolis, IN. Your contractor will obtain the permit through the Department of Business and Neighborhood Services, and you’ll see the fees added to your final project invoice.

Taxes

Indianapolis, IN’s 7% sales tax will be added to the bill for the meter itself and any installation hardware purchased.

Does Replacing an Electric Meter Box Increase Home Value?

A new electric meter box won’t increase your home’s value, but it will give you peace of mind that the electrical system is secure and working properly. If you’re looking to list, potential buyers will likely appreciate that this home upgrade has already been completed.

How Angi Gets Its Local Cost Data 

To help homeowners plan their next project, Angi provides readers with carefully researched cost data and upholds strict editorial standards. We start with national average project costs, which we collect by analyzing competitor information, retailer material costs, and input from professional contractors. We then apply local price index data to calculate location-specific estimates that reflect what homeowners typically pay in their local area. To do that, we use data from the U.S. Bureau of Economic Analysis (BEA), including its Regional Price Parities (RPPs), which measure price differences across cities. This helps us account for differences in labor, materials, and overall cost of living, so estimates in higher- or lower-cost areas better reflect real-world local pricing.

Every estimate undergoes a thorough editorial review to verify accuracy, consistency, and alignment with observed market conditions.

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