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What's your opinion on these installation prices?

Posted By: wewire2

What's your opinion on these installation prices? - 11/02/12 04:55 PM

http://electrical.about.com/od/electricalrepairs/tp/electricalprojectcosts.htm
Posted By: JoeKP

Re: What's your opinion on these installation prices? - 11/02/12 05:02 PM

wow, when was that last updated? 1999?
Posted By: EV607797

Re: What's your opinion on these installation prices? - 11/02/12 09:01 PM

I'd say more like 1969. Those prices wouldn't even cover the materials, not to mention the labor.
Posted By: gfretwell

Re: What's your opinion on these installation prices? - 11/02/12 09:40 PM

The $1000 upgrade was the early 90s here but that was a contracted price. That was what my wife quoted when it was bundled with an HVAC contract. They had a couple of electricians who did these with the A/C company handling all of the permitting, bookkeeping and collections.
I imagine the outlet price is reasonable if you are doing a lot of them at the same time and the walls are open. (no finish work included)
It certainly is ridiculously low for a single outlet call in old work. Fifteen years ago, my rule is I wouldn't start my truck for less than $100.
Posted By: wewire2

Re: What's your opinion on these installation prices? - 11/03/12 02:20 AM

I got a little spoiled when things were good and had some
financial rules of thumb also. The slow economy changed that a bit and had to rescind my oath to stay out of residential wiring. The RRP lead safety requirements are
a pain! I'd do a 100 amp service change for $1000. but
that's the only price on the list that's even close to
having a profit margin. Wondering whatever happened to AtticRat? His detailed job adventures were great entertainment.
Posted By: Lostazhell

Re: What's your opinion on these installation prices? - 11/20/12 05:00 AM

Half of that $50 for the small stuff would be eaten in gas getting the van to the jobsite.. Fishing wire down walls, crawling through attics or under houses... $70 for 3ways??? possibly on separate floors? crazy Whoever made the list clearly is either working cash under the table (and even then those prices are light..) or has watched too much Bob Vila..
Posted By: twh

Re: What's your opinion on these installation prices? - 11/20/12 05:57 AM

Those must be rough in prices when you're already on the job with tools and material.

Originally Posted by wewire2
Wondering whatever happened to AtticRat? His detailed job adventures were great entertainment.
I still call a loop in the cable that snags stuff when you pull the wire a "rat in the cable".
Posted By: harold endean

Re: What's your opinion on these installation prices? - 11/24/12 05:26 PM

I see prices for a 200 amp service going for $1500-$2000 around here. That is when they get permits.

A whole house gen 20 Kw. has been going for $5000-$10000.
Posted By: mikethebull

Re: What's your opinion on these installation prices? - 11/25/12 04:17 PM

You know I agree with Lostazhell. I don't think gas is included, or that is a list very easy jobs. I don't see it being worth the time even if it was right next door and even then. But, then again " unenjoyment" is still high.
Posted By: harold endean

Re: What's your opinion on these installation prices? - 11/26/12 02:21 PM

Has any one had customers complain when you or a helper has to go back to a supply house to pick up a part for the job? We used to get a call that something was broken or not working. Go to the job, trouble shoot it. Find that you need a new breaker or nicknack that you don't have on your truck. Run to the supply house and then go back to install it. Then find out the customer doesn't want to pay for your time traveling from their house to the supply house and back. They think that that time should be free or not counted.
Posted By: EV607797

Re: What's your opinion on these installation prices? - 11/26/12 03:57 PM

Yeah, I ran into that all the time when I worked for a service company. Our trucks were stocked with an insane amount of parts inventory to the extent that we could do a typical 200 amp service change on the spot. We carried somewhere in the area of $10K worth of inventory per truck. Still, it was inevitable that we'd encounter some strange doohickey that we didn't have.

Our company's policy on this was really quite simple: The customer could pay us for our time to make a special trip to the supply house or we could order it and return at another time to replace it. In almost every case, they would opt to just pay us to go get it since they had already taken off work to be there. More importantly, whatever we were there to fix was critical and couldn't wait anyway, like a heat sequencer, etc.
Posted By: wewire2

Re: What's your opinion on these installation prices? - 11/27/12 12:25 AM

Just returned from looking at a job and they suggested doing the work T&M. I was OK with that but made sure they were informed that the "T" part meant ALL of the time spent towards the project not just the time I was there. Layout, list making and material runs are for sure considered billable labor. I usually throw in one-way travel and don't hit them for office/billing time though.
Posted By: HotLine1

Re: What's your opinion on these installation prices? - 11/27/12 04:16 AM

zback as an EC, I did a lot of T&M for a few good clients. Office/billing time was not chargable directly, but layout, drawings, etc., was billable. Both the clients and I liked the fact that T&M eliminated the estimate/proposal & acceptance paperwork, and provided prompt service.

Material pickup was billable, rate was dependent on helper or mechanic/j-man making the trip. Most materials were delivered to the jobsite by supply houses, sometimes daily.
Posted By: sparkync

Re: What's your opinion on these installation prices? - 11/27/12 03:02 PM

I think that website needs to be boycotted. It gives the average "web surfer" the wrong impression. I'd like to see the fellow who runs that website make a living on those prices:)
Posted By: harold endean

Re: What's your opinion on these installation prices? - 12/02/12 05:27 PM

All this talk about billable hours makes me laugh ( or cry). How many hours-days spent doing estimates and then never getting the job. UGH! Spent many nights tossing and turning to try and give customers fair prices, yet still trying to make a living.
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