The average cost to replace an electrical panel for your home is $1,342. Costs can be as low as $125 or as high as $4,500, according to 2026 data from Angi. Rewiring your home can add several thousand more to the bill.
The cost to replace your electrical panel includes the panel itself, plus the labor required for installation. Most of the cost of replacing an electrical panel comes from labor, because it can be a dangerous project that requires professional skills.
Some issues can be repaired without replacing the whole panel. However, if your electrical panel is older or has recurring issues, it may be time for a replacement. If your panel just can't support your home's electrical needs, consider upgrading it to a higher amperage.
How much does a new electrical panel cost?
Without installation factored in, a replacement electrical panel can cost as little as $100 or $200 for a low-amperage panel. With installation and extensive rewiring, however, a high-amperage panel could cost close to $10,000.
Replacement cost quotes typically include the price of materials and the electrician’s labor required for installation and wiring. Expect to pay at least $1,000 for labor. Your installation may cost more if you need to upgrade the amperage, add a meter box or move the panel.
» MORE: How to pay for home improvements
What makes electrical panel replacements expensive?
Here are a few reasons why electrical panel replacements can get pricey:
- The higher the amperage, the higher the cost. Common home amperages range from 100 to 400 amps and cost from $100 to $500 for just the breaker box. Most homes need amperages between 100 and 200.
- Most of the cost comes from labor. For a safe, proper installation process, you need to hire a qualified electrician with the right skills and certifications. Professional electricians typically charge $50 to $150 per hour. An electrical panel replacement usually takes four to eight hours for one electrician to complete, and 20 or more hours to change connected wiring.
Electrical panel cost by component
Depending on your home’s electrical needs, you may only need to replace a specific part of the panel system. Here are common electrical components and how much they cost to replace:
| Component | What it does | What it costs |
|---|---|---|
| Main breaker | This is the central power switch for your home and regulates the power going to your circuits. It’s relatively low cost on its own, but installation can be pricey. | $500-$2,000. |
| Circuit breaker switch or fuse | These are small switches in electrical panels that interrupt electrical current for safety reasons, such as during a power surge. | $100-$200. |
| Fuse box | These are single-use devices that contain a wire that melts when overloaded, and they’re typically found in older homes. It’s common to replace a fuse box with a circuit breaker when upgrading your electrical panel. | $1,500-$2,000. |
| Subpanel | This device can extend power to different areas of your home, and can be used to add more circuits without replacing your main panel. | $400-$2,000. |
| Electric meter box | This device measures energy usage in your home. It's typically replaced by the utility or electrical company, though an electrician will need to connect it to the main panel. | $100-$650. |
When to repair an electrical panel
If your system is less than 25 years old and has been in mostly good condition, you might be able to repair it instead of replacing it completely. Faulty breakers can often be repaired. If your issue is a lack of space, tandem or "twin" breakers can fit two electrical circuits into a single breaker slot.
When to replace and upgrade an electrical panel
Electrical panels typically last from 25 to 40 years, depending on the quality and use. It may be time to replace your electrical panel if your system is over 25 years old and you notice the following issues:
- The lights in your home keep flickering.
- Your energy bills have been increasing.
- Certain outlets or lights cause electric shock or sparks when you plug or unplug something.
- You notice frequent power surges.
- You keep needing to reset tripped breakers.
- The panel is making noise, emitting heat or producing smoke.
- Your panel can't power all of your appliances.
- Repairs are estimated to cost as much as a new fuse box or breaker (around $1,000 or more).
🤓 Nerdy Tip
It’s usually worth it to upgrade your electrical panel to a larger version instead of replacing it with the same size because of the high labor cost in either case. Most electrical panel replacements upgrade a 100- or 150-amp panel to a 200-amp panel. What Reddit users have to say about electrical panel replacements
Reddit is an online forum where users share their thoughts in “threads” on various topics. The popular site includes plenty of discussion on financial subjects like home improvement, so we sifted through Reddit forums to get a pulse check on how users feel about replacing electrical panels. People post anonymously, so we cannot confirm their individual experiences or circumstances.
Many Reddit users chose to upgrade their panels when doing specific home renovations, such as burying overhead electrical lines or installing newer appliances. Reddit users recommend upgrading if the panel is too small to accommodate additional dedicated breakers to handle the renovation projects. If the electrical panel has a large capacity but all of the breakers are in use, they recommend adding tandem breakers to make room.
Frequently asked questions
Does homeowners' insurance cover electrical panel replacements?
Homeowners insurance does not usually cover electrical panel replacements unless the damage resulted from a covered accident, such as a lightning strike or a fire. If your panel broke due to general wear and tear or issues with installation, insurance probably won't cover a replacement.
Does my home warranty cover electrical panel repairs or replacement?
Many home warranty plans cover electrical systems, though when coverage applies depends on the company and the plan. Keep in mind that home warranty plans typically charge a service fee for repairs and replacements, and may also have a coverage limit. For example, your plan might only cover repairs under $500.
» MORE: What a home warranty covers
Can you upgrade an electrical panel without rewiring the house?
Yes, you can upgrade your electrical panel without rewiring your whole home — provided your wiring is in good condition. Your electrician can tell you whether rewiring is necessary or recommended before they install your panel.
How long does it take an electrician to replace an electrical panel?
Electrical panel replacements are labor-intensive projects. Depending on the complexity of the project, an electrical panel replacement can take 20 to 30 hours or more. Replacing the panel itself usually only takes about four to eight hours. Most of that time is spent reconnecting and rewiring other components.
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