ECN Electrical Forum - Discussion Forums for Electricians, Inspectors and Related Professionals

Page 1 of 2 1 2 >
Topic Options
Rate This Topic
#65175 - 04/27/06 07:30 PM Wire prices going up again
bot540 Offline
Registered: 09/14/04
Posts: 174
Loc: Vernon Hills, IL
In case you haven't notice copper is on the rise again. With gas and copper prices this high its going to be hard to make a profit. Anybody else feeling the pain?
Jesus may have been a capenter,but God was an electrician.Genesis1:3
Work Gear for Electricians and the Trades
#65176 - 04/27/06 08:23 PM Re: Wire prices going up again
Nick Offline
Registered: 08/13/01
Posts: 599
Loc: Riverside, CA
We are definitely feeling it. Copper has tripled since the first of the year. The job I am on now was bid back in 2004 and we are just now starting to put orders in for feeder wire. I just received the first two 480V substation secondaries to one of the buildings to a tune of $100K. And we have only just begun.
#65177 - 04/29/06 08:42 PM Re: Wire prices going up again
DougW Offline
Registered: 06/08/03
Posts: 1143
Loc: North Chicago, IL
My local house said they can't guarantee prices more than 48 hours.
#65178 - 05/01/06 12:33 PM Re: Wire prices going up again
JJM Offline
Registered: 10/31/05
Posts: 100
I feel your pain... 500' of 500 MCM = $5,000 just like that. Was the best price we could find, nobody would guarantee the price for more than a few hours, and had to pay green cash to get that price.

Had to change a set of paralell feeders on a 600A 3-phase service because the POCO wouldn't allow splicing what THEY cut off when there was an explosion in THEIR hole. The copper was fine to splice into, and a meg test was done on all feeders, but the POCO said if the feeders weren't replaced and there was a problem, they would shut the building down and bill the customer if the transfomer blew.

The old cable in the conduit and CT was like new. What a waste.

By the way, the original problem was the insulation on the feeders was corroded from years of laying in salt laden water that never drained from the hole. The CB on the XFMR kept tripping as a result, so what was the POCO's solution? Upgrade the transformer from 150KVA to 225KVA. Made for a really nice explosion next time the fault surfaced!

Worst part is none of the scrap yards want the copper with the insulation. Who wants to sit there stripping it off. Anyone want any used 500 MCM cable cheap in good condition, LOL?

#65179 - 05/01/06 04:11 PM Re: Wire prices going up again
Merlin Offline
Registered: 01/27/04
Posts: 170
Loc: NW Indiana
No doubt!

I just picked up some 12/2 NM-B @ $81.00 for 250 ft. And 12/3 UF-B @ 130.00 for 250 ft. This is getting crazy - FAST!
#65180 - 05/01/06 05:12 PM Re: Wire prices going up again
walrus Offline
Registered: 07/25/02
Posts: 680
Loc: Bangor Me. USA
I bought 1000 ft of #12 thhn april 15 and it was 115.00, bought some more last week april 26 and it was 134.00 a thousand for #12
#65181 - 05/01/06 05:16 PM Re: Wire prices going up again
iwire Offline
Registered: 01/05/03
Posts: 4391
Loc: North Attleboro, MA USA
Worst part is none of the scrap yards want the copper with the insulation.

Your going to the wrong scrap yards.

Here they will take either bare or insulated but there is of course a price reduction for insulated.

Last time I went in it was about $0.25 per pound less for insulated.

Heck they will even take cat 5 cable.
Bob Badger
Construction & Maintenance Electrician
#65182 - 05/01/06 07:05 PM Re: Wire prices going up again
Roger Offline
Registered: 05/18/02
Posts: 1716
Loc: N.C.
600 MCM was quoted over $11.00 per ft today.

#65183 - 05/01/06 07:20 PM Re: Wire prices going up again
distributor x Offline
Registered: 07/28/05
Posts: 57
Loc: Canada

[This message has been edited by distributor x (edited 05-03-2006).]
#65184 - 05/01/06 07:29 PM Re: Wire prices going up again
LK Offline
Registered: 01/21/03
Posts: 1429
Loc: New Jersey
"its going to be hard to make a profit"

How it it going to be hard to make a profit, you should be making a better profit, the supply house dosen't loose a penny their profits increase, not go down, the only way you can loose, is if you wrote a quotation, or issued a contract without a protection clause in it, or did not pass the cost of increases, on your billing.
Page 1 of 2 1 2 >

Member Spotlight
Member Since: 07/05/02
Posts: 8211
New in the Gallery:
SE cable question

2017 NEC and Related
2017 NEC
Now Available!

Shout Box

Who's Online
0 registered (), 84 Guests and 9 Spiders online.
Key: Admin, Global Mod, Mod
New in the Gallery:
SE cable question
Top Posters (30 Days)
Admin 47
HotLine1 43
gfretwell 19
Ruben Rocha 12
Trumpy 9
Newest Members
Scotto, Freecrowder, clee512, Jdscott2005, FAIZAN

ECN Electrical Forums - sponsored by Electrical Contractor Network - Electrical and Code Related Discussion for Electrical Contractors, Electricians, Inspectors, Instructors, Engineers and other related Professionals