Price of a single panel installation for a household electrical distribution box
New panel box pricing typically ranges from about $150 to $1,900 for parts and labor, with most residential projects landing between $450 and $1,500 depending on amp rating, gauge of wiring, and labor complexity. The cost of a new panel box depends on the box size, meter/branch requirements, enclosure type, and labor for installation. This article breaks down typical price ranges and driving factors to help homeowners and contractors budget effectively. Labor Focus: Labor accounts for the largest share of the project, typically 40% to 60% of the total bill. The national average to replace or upgrade an electric panel is right at $1,800, and upgrades regularly cost $800 – $2,500.
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