It may be the dumbest question of all, but I’m really having some hard times with it: How much to charge for each job?
I’ve been working some time as an employee, for a salary; and the last three years mostly in IT (server rooms and power quality). Now I’m starting an electrical contractor business, and I’m founding that price setting is my number one problem!
For example, I’m quoting a 200 amps upgrade for a one family house, from external service entrance cable to the new panel and ground rods. I’ve seen some prices around for similar job descriptions from 18 to 36 hundreds; is there a reference criterion? Do electrical contractors in New Jersey have some kind of “price fixing”?
Is there any order in this chaos?
Thanks,
Joe.-
