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#65175 - 04/27/06 10:30 PM Wire prices going up again  
bot540  Offline
Member
Joined: Sep 2004
Posts: 174
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

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#65176 - 04/27/06 11:23 PM Re: Wire prices going up again  
Nick  Offline
Member
Joined: Aug 2001
Posts: 599
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 11:42 PM Re: Wire prices going up again  
DougW  Offline
Member
Joined: Jun 2003
Posts: 1,143
North Chicago, IL
My local house said they can't guarantee prices more than 48 hours.


#65178 - 05/01/06 03:33 PM Re: Wire prices going up again  
JJM  Offline
Member
Joined: Oct 2005
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?

Joe


#65179 - 05/01/06 07:11 PM Re: Wire prices going up again  
Merlin  Offline
Member
Joined: Jan 2004
Posts: 170
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 08:12 PM Re: Wire prices going up again  
walrus  Offline
Member
Joined: Jul 2002
Posts: 680
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 [Linked Image]


#65181 - 05/01/06 08:16 PM Re: Wire prices going up again  
iwire  Offline
Moderator
Joined: Jan 2003
Posts: 4,391
North Attleboro, MA USA
Quote
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. [Linked Image]


Bob Badger
Construction & Maintenance Electrician
Massachusetts

#65182 - 05/01/06 10:05 PM Re: Wire prices going up again  
Roger  Offline
Member
Joined: May 2002
Posts: 1,716
N.C.
600 MCM was quoted over $11.00 per ft today. [Linked Image]

Roger


#65183 - 05/01/06 10:20 PM Re: Wire prices going up again  
distributor x  Offline
Member
Joined: Jul 2005
Posts: 57
Canada
[Linked Image]

[This message has been edited by distributor x (edited 05-03-2006).]


#65184 - 05/01/06 10:29 PM Re: Wire prices going up again  
LK  Offline
Member
Joined: Jan 2003
Posts: 1,429
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.


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