Replacing a residential electrical service panel or breaker box typically costs between one thousand five hundred and four thousand dollars, depending heavily on factors such as your geographic location, local labor rates, the amperage upgrade required (such as upgrading from an older 60-amp or 100-amp service to a modern 200-amp panel), permits, and whether the utility company needs to disconnect power at the meter drop. Additional costs may apply if branch circuit wiring needs remediation to meet current building codes. You can evaluate replacement costs easily by getting multiple detailed written quotes from licensed, certified electrical contractors. You can verify that your investment is worthwhile when having a professional upgrade your outdated service panel ensures adequate home power capacity, eliminates fire hazards, and brings your entire electrical distribution system up to code.
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