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Electrical contractors are highly trained professionals that earn a good hourly rate for their services. An average panel upgrade takes about 8 to 10 hours to complete. At anywhere from $50 to $80 an hour, a client can expect to pay between $500 and $800 for their project labor. Typically, wage guidelines are established by an official body like the National Electrical Contractors Association.
Cost to install an electrical circuit panel upgrade varies greatly by region (and even by zipcode). To get free estimates from local contractors, please indicate yours. $1,300 - $3,000. (200 amp upgrade) Cost to install an electrical circuit panel upgrade varies greatly by region (and even by zipcode). Get free estimates from electricians in your city.