Q: What is the cost of upgrading my panel?
A: The average cost for a 200 amp upgrade usually range between $1500 to $2500 (including materials). These costs fluctuate depending on the size of panel that is being upgraded, desired size of panel upgrade, if your existing service is fed from “overhead” or underground power lines (service feeders). Additional parts and labor may be needed to complete work of existing wiring and raceways, additional grounding or code corrections required by the city or state. Although, in a lot of cases code corrections may not be required because of an exception clause and may be “grandfathered in” depending on the year your house was built. These upgrades can significantly increase the costs of a given project, but they are necessary for maintaining a safe and functional power system.