How Much Does It Cost to Replace an Electrical Panel? [2024 Data]

Normal range: $520 - $2,128

On average, electrical panel replacement costs $1,304, depending on the panel type. Most spend between $520 and $2,128.

How we get this data
Male electrician turning off power
Photo: The Toidi / Adobe Stock
Elisa Greenberg
Written by Elisa Greenberg
Contributing Writer
Salvatore Cutrona
Reviewed by Salvatore Cutrona
Master Electrician, Cutrona Electric
Updated August 21, 2024
Male electrician turning off power
Photo: The Toidi / Adobe Stock

The cost to replace an electrical panel is $1,304 on average, though it can range between $520 and $2,128 depending on the breaker type and complexity of the project. Boxes and electrical panels older than 25 to 40 years can be a fire hazard, and having an older electrical system may affect your insurance costs because they are deemed less safe. Learn about the cost to replace a breaker box, when to hire an electrician, and all electrical panel replacement cost factors, in this guide.

See the price range for electrical panel replacement in
your area
How we get this data
Normal range for U.S.
$520 - $2,128
  • Average
  • $1,304
  • Low end
  • $125
  • high end
  • $4,250
LOWHIGH

Electrical Panel Replacement Cost Factors

The cost to replace an electrical panel varies by several factors, including the panel or box type, necessary amperage, accessibility concerns, and more. 

Electrical Panel Prices by Type

Electrician replacing the distribution board
Photo: powerofforever / iStock / Getty Images Plus / Adobe Stock

The term “electrical panel” refers to several components within your home’s electrical system beyond the panel itself, each of which has its own replacement pricing.

Type of Electrical PanelCost Range
Main Breaker$500–$2,000
Fuse Box$1,500–$2,000
Main Lug Panels$400–$1,750
Subpanel$400–$2,000
Circuit Breaker Switch Replacement$100–$200
Electric Meter Box Replacement$100–$650

Main Breaker

The main breaker controls the power to connected circuit breakers and circuits. The price to install a new main breaker box is $500 to $2,000, though the exact cost depends on the amperage of the unit and the number of affiliated circuits. 

Fuse Box

Replacing a fuse box with a circuit breaker box costs $1,500 to $2,000, though this price increases if the wiring requires a complete overhaul. Replacing a pre-existing fuse box with another fuse box of a similar type costs $200 to $2,000.

Main Lug Panels

Main lug panels are a type of subpanel, also called a downstream panel or secondary panel. Main lug panels cost $400 to $1,750 to install, depending on the amperage and circuit capacity. 

Subpanel

If your main breaker box is full, add a subpanel to increase the number of available circuits. The cost to install a subpanel is $400 to $2,000, depending on the amperage and the number of integrated circuits. 

Circuit Breaker Switch Replacement 

Replacing a circuit breaker switch costs between $100 and $200, including parts and labor. Standard 15- to 20-amp circuit breaker switches cost $5 to $15 each, and larger 20-amp switches cost $10 to $20 each. If you are sticking with your old fuse box over a circuit breaker box, purchasing a set of three fuses costs $5 to $10

Electric Meter Box Replacement 

Installing a new electric meter costs $100 to $650, including parts and labor. As the name suggests, a meter box contains the meter that measures how much electricity you are using. 

Amperage Needed

Let’s review the cost ranges for each of the common home amperages. These costs are for parts only.

Amperage AmountCost Per Box
100 Amps $100–$200
150 Amps$150–$250
200 Amps$250–$350
400 Amps $500

Type

When it comes to circuit breakers, you choose from three main types, each with unique cost ranges. 

Type of Circuit BreakerCost Per UnitWhat to Know
Standard Circuit Breaker$10 Found in most single-family homes.
GFCI (Ground Fault Circuit Interrupter) $30–$100Specialized breakers prevent electric shocks if it contacts water.
AFCI (Arc Fault Circuit Interrupter) $30–$100Resist loose connections in the wiring. Required by some municipalities.

Panel Location

Electrical panels and boxes are found all over the home but must adhere to location rules and guidelines. Moving the electrical panel outside requires plenty of wiring and costs $1,500 to $2,500, allowing increased access to power the whole system down in the case of an emergency. 

Labor

Replacing an electrical panel and all its associated components takes at least 20 hours of work by a local electrician, with some jobs ballooning up to 30 hours or more. Professional electricians charge $50 to $150 per hour, varying the total labor cost from $1,000 to $4,500

Permits

Panel replacement requires a permit from a local regulatory agency. Electrical permits cost between $50 to $300, and the cost of the post-job inspection is usually covered by pulling the permit.

Additional Costs to Consider

Beyond parts, materials, and labor, some homeowners have additional costs with this project. These costs are for non-mandatory projects typically recommended by professional electricians when they upgrade electrical panels. 

Add-On ServicesCost Range
Relocation of panel$1,500–$4,000
Replace drywall$1.50–$3 per square foot
Trenching$600–$2,100
Adding an outlet$125–$200 each
Replacing faulty wiring$600–$4,500

DIY vs. Hiring a Pro

Working with electricity is extremely dangerous and you should hire a local electrician to avoid injury and ensure your new electrical panel is up to code. 

In addition, professional electricians are insured in case of any accidents that may occur on the job and may offer warranties on their work or the components they install—just ask during the hiring process.

Stick to pros for this job, though some non-electrical steps are fine for handy homeowners. For example, if your electrician tears out some drywall, you can install a new sheet on your own.

How to Save on Electrical Panel Replacement Costs 

Looking to save a few bucks when replacing an electric panel and related components? Here are some tips for doing just that.

  • Look for rebates: Upgrading your electrical panel to a more energy-efficient model may come with local, state, and federal rebates, tax credits, or incentives. For example, EnergyStar offers an electric panel upgrade tax credit from January 1, 2023, through December 31, 2032. 

  • Bundle tasks: Consider adding outlets, replacing the meter box, and wiring new additions while replacing the panel.

  • Pro purchases supplies: Pros likely have a robust contact list to source parts and materials for less than a local hardware store.

  • Prepare the area: Keep the pro’s hourly rate down by preparing the area ahead of time. Clear out any potential obstacles and clean the space.

  • DIY when possible: It is not safe for you to replace the panel, but you can save money by handling associated tasks, such as laying drywall and painting the walls.

  • Choose budget parts: Reduce your total cost by selecting standard components instead of high-end upgrades.

When to Replace an Electrical Panel

There are many reasons that you may need to replace or update your circuit breaker box. If your electrical panel is old, the last thing you need to worry about is putting out an electrical fire. Here’s when you should replace your electrical panel:

  • You want to add more outlets or large appliances to your home.

  • You want to move your electrical panel to a better or safer location.

  • Your circuit breaker box or fuse box is more than 25 years old or you simply want to update it. 

  • You are experiencing frequent power surges and/or tripped breakers. 

  • Your electrical power supply is not strong enough to handle all of your appliances. 

  • The lights in your home constantly or sporadically flicker and you don’t know the cause. 

  • Your energy costs are increasing and you’ve made no other changes (dated fuse boxes or breakers are less efficient). 

  • The panel is rusted shut, broken, or making odd and off-putting noises. 

  • The panel is hot when you touch it or, even worse, emits smoke during use. 

  • You’re making updates before selling your home.

How to Decide Which Electrical Panel and Amp You Need

While a professional electrician can recommend the best electrical panel size for your home, you can use this helpful guide to estimate it based on your home’s consumption.

Electrical Panel Size in AmpsHome Usage
Less than 100 ampsSmaller homes without major electrical systems
150 ampsSmaller homes with several appliances or power strips running at the same time
200 ampsHomes built since 2015; Homes larger than 1,800 square feet; Homes with additions or garages
300 ampsLarge homes or homes with home businesses that require commercial-grade electrical equipment
More than 400 ampsVery large homes with multiple additions and extreme levels of energy consumption

In addition, if you’re considering adding a whole-house generator, you’ll want to make sure that you upgrade your amperage to meet the generator’s wattage demands.

How Angi Gets Its Cost Data

Home is the most important place on earth, which is why Angi has helped more than 150 million homeowners transform their houses into homes they adore. To help homeowners with their next project, Angi provides readers with the most accurate cost data and upholds strict editorial standards. We’ve surveyed over 10,000 real Angi customers about their project costs to develop the pricing data you see, so you can make the best decisions for you and your home. We pair this data with research from reputable sources, including the U.S. Bureau of Labor Statistics, academic journals, market studies, and interviews with industry experts—all to ensure our prices reflect real-world projects. 

Want to help us improve our cost data? Send us a recent project quote to costquotes@angi.com. Quotes and personal information will not be shared publicly.

Frequently Asked Questions

Replacing the panel itself takes four to eight hours of work by a professional. However, if associated wiring and related components also require replacement, the labor time increases to 20 to 30 hours. Your electrician can speed up the process by bringing in a team of pros to handle ancillary tasks.

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Learn more about our contributors
Elisa Greenberg
Written by Elisa Greenberg
Contributing Writer
Elisa Greenberg is a professional content writer and communications specialist.
Elisa Greenberg is a professional content writer and communications specialist.
Salvatore Cutrona
Reviewed by Salvatore Cutrona
Master Electrician, Cutrona Electric
Salvatore Cutrona has been working in the electrical field for 29 years, from a large 27 building commercial complex to small residential electrical remodel projects. His common residential jobs include performing service upgrades, new lighting installation, trouble-shooting, electrical kitchen remodels, HVAC control work, home back-up generator system installation and landscape lighting.
Salvatore Cutrona has been working in the electrical field for 29 years, from a large 27 building commercial complex to small residential electrical remodel projects. His common residential jobs include performing service upgrades, new lighting installation, trouble-shooting, electrical kitchen remodels, HVAC control work, home back-up generator system installation and landscape lighting.
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