Electrical renovations are one of the most important upgrades you can make to your home. Not only are you ensuring the safety of your space, but also helping your home run more efficiently. Many homeowners don’t realize that inefficient wiring can lead to higher energy bills.
It can also leave your home at risk of being uninsurable if you have old or out-of-date wiring in your home. Many older homes still have knob and tube wiring which is a significant fire risk and many insurance companies will no longer provide coverage if this is discovered in the walls. In addition to creating a safer home, electrical renovations can also make your home more efficient, allowing you to use more appliances or devices. This not only makes it easier to do daily tasks, but can increase the resale value of your home, as it becomes more appealing to potential buyers.
But no matter what kind of renovation you have planned, it is important to plan and budget accordingly, so you can get maximum enjoyment and efficiency out of your new design. Let’s review some of the most common costs associated with an electrical renovation. If it is an emergency electrical renovation, then you can expect to pay more. When choosing an electrical team to work with, spend some time doing your research to ensure you are getting the right person for the job at a fee that will fit your budget. Get several estimates and provide as much detail as possible to ensure a quote that is accurate and reflects the amount of work required.
Electrician Cost Per Hour
If you are doing an electrical renovation, the first thing you are going to have to factor is the cost per hour for your installation team. Some electrical upgrades are simple and can be done in just a few hours, while others can be more complex, particularly if you have to get behind the walls to make the upgrades.
Most electricians charge between $50 and $170 an hour, depending on their level of expertise. Get several quotes to ensure you are working with someone who has the skill and knows how to get the job done right. Remember that the cost per hour does not include materials, so make sure to budget for both when putting together your electrical renovation plan.
Factors Affecting the Cost of Electrical Renovations
There is a wide range of factors that can affect the cost of your electrical renovation. You want to be sure you are working with contractors who have the expertise to complete the work to your expectations.
You also want to be sure that you are getting the best deal with high-quality materials and technology that will improve the efficiency of your home.
Electrical Wiring Costs
Electrical wiring costs will vary based on project. The number of fixtures, receptacles and switches should all be taken into consideration when forming your budget. Experts suggest that you budget for between $8 and #12 per linear foot of wire when rewiring your home. In addition, you should also factor in the costs of the receptacles, which can run between $150 and $250 per unit. Finally, when tallying up the final cost, you should include all the materials and time that went into your wiring renovation costs.
This will help you put together a more accurate budget. Expect to pay between $3,500 and $8,500 depending on the size of your home and amount of installation and replacement work required. Then factor in the cost to complete an entire home rewiring, which can be between $2,500 and $14,000 depending on the size of your home. This factors in the cost of any prep work such as the removal and reinstallation of drywall, old wiring and other auxiliary costs. These are all in line with the electrician rates in Ontario.
Cost to Rewire a Light Switch
There are lots of simple wiring renovations you can do around your home that are affordable and can have instant aesthetic and functional results. Rewind a light switch for example can allow you to better light a room.
The average light switch costs around $70 to $200 to rewire or replace. If you have multiple switches, then your contractor will likely be able to work out a deal that allows you to enjoy significant savings
Cost to Add Light Fixtures
Is it time to replace or repair your light fixtures? These are an important element of any room and have a tremendous design impact on your space. That’s why you want to be sure they are wiring in properly and offer modern lighting solutions. Installing a light fixture will usually cost between $390 to $1,500 depending on the amount of work involved.
For example, if you are putting a fixture into a space that has never had one before, then you will have to run all new wiring. If you are putting a fixture into a space that has had one before, then you will likely only have to replace the old wiring, making the job easier to complete.
Cost to Repair or Replace Electrical Outlet
Electrical outlets power your home, so you want to be sure they are modern and running efficiently. If you are noticing power surges or sparks when using your outlets, then it is probably time to call in an electrician. If your outlet is malfunctioning, then your electrician will do a replacement with a new, modern one.
These can include more technologically advanced outlets, such as ones with built-in USB ports. Installation is usually quick and can be done with few material requirements When having an electrical outlet repaired or replaced, you can expect the electrical cost to run around $170 to $240.