Cost to Replace Electrical Panel

The electrical panel gives life to your home. It powers your appliances, your light fixtures, and entertainment systems. A properly designed electrical system in a home should deliver uninterrupted power that never fails, even if you want to run multiple appliances simultaneously.

If you live in an older home, it might be time to replace your electrical panel. This is especially true if your family is outgrowing your electrical supply. It does cost some money, with cost ranges typically between $1,500 to $3,000 for upgrading from a 100-amp to a 200-amp panel, and around $2,000 to $4,000 for performing a panel change from fuse to breaker. Knowing that your home's electrical panel is safely upgraded by a skilled electrician will give you peace of mind. This upgrade can also increase the resale value of your home and improve safety and efficiency.

Older homes have their charm, but generally speaking, their fuse boxes or electrical panels leave something to be desired. Some only offer 60 amps of service, while the standard for modern homes is at least 200 amps of service. An overloaded panel can be a danger to the people living in the home, and a terrible inconvenience. Who wants the lights to go out every time they use the microwave? Electrical issues such as flickering lights and frequent breaker trips are signs that an upgrade is necessary.

Upgrading your electrical panel is a good idea especially if you’ve had your unit for over 25 years. But here’s a more in-depth look at the numbers behind electric panel costs, courtesy of the friendly and expert electricians at Antech Electric.

Introduction to Electrical Panels

An electrical panel, also known as a breaker panel or electrical distribution panel, is a critical component of a home’s electrical system. It serves as the central hub that distributes power throughout the house, connecting the public utility electrical supply lines to the various circuits within the home. Think of the electrical panel as the brain of your electrical system, controlling the flow of electricity to different parts of the house. Each circuit within the panel is responsible for powering specific areas or appliances, ensuring that electricity is distributed safely and efficiently. Understanding how an electrical panel works and its importance in ensuring the safe and efficient distribution of electricity is crucial for homeowners.

Signs You Need to Replace Your Electrical Panel

• If your circuit breakers are constantly flipping or fuses are blowing because your electrical lines are overloaded.

• Your service is at 60 amps instead of at least 100 amps or the modern standard of 200 amps.

• You find yourself having to unplug one appliance to run another, otherwise, you risk blowing a fuse or flipping a breaker.

• If the wires running to and from your panel look incredibly messy or unorganized.

• If you are experiencing flickering lights, which can be a sign of potential problems with the electrical panel and may require inspection by a licensed electrician.

You also need to determine what size of electrical panel is suitable for your home. Electricians talk about this in terms of “electrical load” so we know how to give you exactly what you need. That’s why an in-home consultation with a professional electrician at Antech Electric is so important. If you’re having problems with your current fuse box or panels, or you’re planning to add any of the following renovations or appliances, you’ll need to get a panel replacement or upgrade:

• Hot tubs

• Treadmills

• Room additions

• Air Conditioners

• Commercial tools like welders or saws

• Charger for electric vehicles

But once you’ve figured out why you need to replace your old electrical panel it’s time to learn more about how much it will cost to get the work done for your particular situation. And remember, calling Antech Electric will get you a comprehensive, honest and competitive quote — no matter what type of electrical work needs to be done in your home and around your property.

Maintaining and upgrading your home's electrical system is crucial for adhering to modern safety standards and meeting future electrical needs. A well-maintained electrical system not only ensures safety but also enhances property value and reduces the risks and costs associated with outdated wiring and insufficient electrical panels.

Electrical Panel Replacement

The average cost of replacing an old electrical panel with a new one of the same capacity costs the average Canadian homeowner about $3,200, although that range could be anywhere from $1,025 to more than $12,800. But everything depends on how big the panel is and how much power your home needs. For example, the power requirements for a small bungalow will be dwarfed by the needs of a luxury home of more than 4,000 square feet.

The other part of the job you’ll have to consider is updating old wiring. A new panel means your old wires may not be compatible. Additionally, the costs associated with moving an electrical panel to comply with building codes or enhance accessibility can be influenced by the extent of new wiring required for the project.

For this, you can expect to pay anywhere between $8 to $10 per linear foot, which for the average Canadian home amounts to somewhere between $3,850 to $10,250 if the whole home needs to be redone. But this can vary depending on your situation. For an accurate estimate, be sure to speak to a professional electrician.

And finally, many people like to upgrade their old electrical switches and outlets for increased capacity, efficiency and aesthetics. If you have a professional electrician do this swap for you, expect to pay anywhere between $130 and $260 per switch or outlet.

The main breaker is a critical component in an electrical panel, acting as the primary control switch for electricity flow to other circuit breakers. The costs associated with installing and replacing the main breaker and related parts are important considerations in managing electrical distribution.

Average 200 Amp Service Upgrade Price in Toronto

So what’s the cost to upgrade to a 200 amp service? The minimum standard for electrical amps today is 200 amps. If your panel’s capacity is less than 200 amps, you are not up to code and run the risk of overloading your home’s electrical system. This means that it’s time to upgrade.

Assessing the power needed for modern technologies and the overall electrical load is crucial for ensuring your home can support various circuits and appliances.

If you need to double your amperage from 100 to 200 amps, then you should be budgeting approximately $1,400. However, if you want to take the next step and expand for future coverage, you’ll want to consider a 400 amp panel.

If you do decide to go this route, then you can expect to pay about $5,125 for this service done by a professional and certified electrician.

Wondering how the costs all break down? The materials cost between $385 and $640, while the rest of the estimated cost will go towards permits and labour. Electricians in the Greater Toronto Area typically charge between $70 and $110 per hour, while permits can run you anywhere from $65 to $385.

A new homeowner might ask, "how much does it cost" to upgrade an electrical panel when they encounter electrical issues. Seeking professional help ensures the job is done safely and up to code.

Cost to Replace Fuse Box With Breaker Panel

The fuse box was the original electrical hub of homes up until about the 1980s. Fuses are disposable and need to be replaced every time they burn out, and it’s getting harder and harder to find fuses in hardware stores with the rising prevalence of circuit breaker panels. Homeowners might need to replace or update their electrical panel, including the circuit breaker box, if they experience frequent power surges, if the panel is over 25 years old, or if there are safety concerns.

If you need to switch your fuse box to a circuit breaker, you can expect to pay anywhere between $1,900 and $5,800 — depending on the size of your desired panel, amperage and any rewiring that needs to take place. Also, keep in mind that with a fuse box replacement, your electrician will need to contact the city to temporarily shut off your power while the swap takes place. Additionally, the meter box, which measures energy usage, might also need replacement if it is old or damaged, and this can affect the overall cost of the upgrade.

Cost to Replace Single Circuit Breaker Switch or Fuse

If you don’t mind a little DIY handiwork around the home, then here’s something you can do on your own with your electrical panel. Often you need to replace fuses and every so often you find it necessary to replace a circuit breaker. The good news is that it’s pretty easy to do. A standard fuse can cost anywhere from $6 to $50 while circuit breakers are more expensive, ranging from $190 to $260.

Installing a subpanel can be a practical solution to accommodate more breakers, especially in areas where space is limited or for enhanced convenience and efficiency in wiring.

So why are fuses so much cheaper? The install time is seconds. It’s like screwing in a light bulb. Replacing a circuit breaker however is a bit more of an advanced process, which includes disconnecting and reconnecting wires before flipping it back on. If you don’t feel comfortable tackling this on your own, don’t hesitate to contact a professional electrician like the ones at Antech Electric for help.

Main Circuit Breaker Replacement Cost

The main circuit breaker, also known as the main breaker, is the switch usually located on the top of the electrical panel that acts as the primary control switch for electricity flow to other circuit breakers. It’s an important part to have for renovation and safety purposes.

But don’t worry, despite its starring role in your circuit panel, it doesn’t cost any more to replace than a standard circuit breaker, meaning you’re looking at a cost of around $190 to $260 for installation and replacement.

Building Codes

Building codes and regulations play a crucial role in ensuring that electrical panels are installed and maintained safely and efficiently. The National Electric Code (NEC) provides guidelines for electrical panel sizing, installation, and maintenance. Homeowners should ensure that their electrical panel meets the current building codes and regulations to prevent electrical hazards and ensure compliance with safety standards. A licensed electrician can help homeowners navigate the complex world of building codes and regulations, ensuring that their electrical panel is up to code and safe. Adhering to these codes not only ensures safety but also helps in avoiding potential legal issues and fines.

Electric Panel Maintenance & Electrical Issues Prevention

Regular maintenance of an electrical panel is essential to prevent electrical fires, ensure the panel’s longevity, and guarantee the safety of the home’s occupants. A well-maintained electrical panel can help prevent overheating, reduce the risk of electrical shocks, and minimize the likelihood of power outages. Homeowners should schedule regular inspections with a licensed electrician to check for any signs of wear and tear, corrosion, or damage. Additionally, keeping the area around the electrical panel clear of clutter and ensuring that the panel is easily accessible can help prevent accidents. By staying proactive with maintenance, you can ensure that your electrical panel remains in good working condition and continues to distribute power safely throughout your home.

Cost Factors Recap

Electrical Panel Costs for Replacement

•  Electrical Panel replacement costs in Canada amount to $3,200, but the cost can end up ranging anywhere from $1,000 to $12,800 for the entire panel.

•  The cost of the panel itself can range from $250 to $450, depending on the size and type of panel needed.

• The cost to upgrade or replace an electrical panel depends on various factors, including the size of the new panel, labor costs, and any necessary rewiring.

• Wiring costs approximately $8 to $10 per square foot for a new electrical panel

• The total cost for rewiring your whole house if required costs the average Canadian homeowner between $3,850 and $10,300.

• Replacing switches and outlets will cost between $130 and $260 per switch and outlet.

• Upgrading your electrical panel, rather than replacing the entire unit, will cost a little less, typically between $1,400 and $5,125. Electricians typically charge between $50 and $120 per hour for labor.

• Labor costs for upgrading or replacing an electrical panel can range from $1,000 to over $3,000, depending on the complexity of the installation.

• If you want to replace your existing panel that's an old fuse box with a modern electrical panel, you can expect to pay anywhere between $1,900 and $5,800. To manage and reduce electrical panel costs, consider practical tips such as avoiding DIY approaches, comparing quotes from multiple professionals, and selecting cost-effective materials.

• Other cost factors to consider include the cost of permits, inspections, and any additional upgrades, such as installing a subpanel or extending the system with new circuits. Understanding these cost factors can help you budget appropriately and ensure that you get the best value for your investment.

Hiring a Professional

Hiring a professional electrician is essential when it comes to upgrading or replacing an electrical panel. A licensed electrician has the necessary training, experience, and expertise to ensure that the job is done safely and efficiently. They can assess the home’s electrical needs, recommend the correct panel size and type, and perform the installation with minimal disruption to the daily routine. Additionally, a professional electrician can obtain the necessary permits, perform inspections, and ensure that the work meets the NEC and local code requirements. Homeowners should always prioritize their safety and the safety of their home by hiring a qualified electrician for any electrical work, including electrical panel upgrades or replacements. Trusting a professional ensures peace of mind and a job well done.

Contact Us

For years, Antech Electric has been providing the best electricians in Toronto. All of our electricians are fully certified, licensed and insured to be working on your home. They know the ins and outs of all building codes so you can rest easy knowing that your electrical work was done up to code. Our team is also up-to-date on all building regulations in the region. 

Electrical is the one part of a home that you don't want to mess around with. Trust the professionals at Antech Electric to teach you about your different options when it comes to electrical upgrades. We promise to meet your expectations and communicate effectively through every stage of the renovation process. 

Whether you need an electrical panel replaced or an electrical panel upgrade, Antech Electric is standing by to help with all of your electrical needs — both residential and commercial. Call us today to book your appointment. We'll take care of everything so you can get back to the important things in life. Contact Us Now!