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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 upgrade electrical panel. sueann_la November 28, 2006. I just got a quote for $5,125 to remove and replace main service electrical panel from 100 to 200 amps. The electrician originally estimated that it would be a $2000-$3000 job, so we were floored by this quote.n Los Angeles, the cost for a panel upgrade should be between 1500 to 3200. I am an electrical contractor located in West Hollywood and this are my fees.