![]() Labor rates are not an exact science but often will go up as you move from rural communities to urban communities. If your home has a fuse panel or knob-and-tube wiring, the material costs could be substantially higher. ![]() This is because the new panel and wiring might not be compatible with the existing wiring in your home, which will necessitate some additional materials for the job. ![]() You’ll notice that the cost of materials goes up as the age of the home goes up. For instance, doing this installation on a 1920s-built home in Chicago (high-price market) could cost 2X – 3X as much as doing the same type of job on a 1990s-built home in Peoria (low-price market). The tables break out the cost estimates into three ranges according to the age of your home and how expensive the labor market is where you reside. Obviously, DIY projects would just involve materials as your time is “free.” For professional installations, we’ll need to consider both materials and labor. To follow are cost-estimate tables that break down the costs into three areas: materials, labor, and total cost. 24-space Square D QO subpanel install next to a 40-space Square D QO main panel ![]()
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