What should a new electrical panel cost?
Pick the panel size and the extras your electrician mentioned. We add up published installed ranges line by line, so you can check a quote before you sign it.
- $518–$2,190panel replacement (Angi, avg $1,344)
- $1,300–$3,000100 to 200 amp upgrade (This Old House)
- 25–40 yrstypical panel life (This Old House)
Worked example
Worked example: the estimator with these inputs: 6 AFCI or GFCI breakers needed (only if ticked); Region cost level (est. multiplier): Average US; items: Replace with a 200-amp panel, installed (Angi), Permit and inspection (Angi, This Old House). Each line is the published range times the quantity where it applies, times the multipliers, rounded to the nearest $10.
| Line item | Range |
|---|---|
| Replace with a 200-amp panel, installed (Angi) | $1,300 – $2,000 |
| Permit and inspection (Angi, This Old House) | $50 – $300 |
| Estimated total | $1,350 – $2,300 |
See the example step by step or read how the estimates are built.
Know the numbers before the contractor does the talking
Each guide breaks a quote into the parts you can check, with the questions that separate a fair bid from a padded one.
Common questions
How much does it cost to replace an electrical panel?
Angi puts it at $518 to $2,190, averaging $1,344. This Old House, updated in 2026, puts most panel upgrades at $800 to $4,000. A 200-amp replacement typically runs $1,300 to $2,000 (Angi) to $1,300 to $3,000 (This Old House).
How much does a 100 to 200 amp upgrade cost?
This Old House says $1,300 to $3,000 for most homes. HomeGuide says $1,300 to $1,600, or $1,800 to $2,500 if a new service panel is needed.
Do I need a permit?
Angi says panel replacement requires a permit from your local building department. Permits typically cost $50 to $300.
Is there still a tax credit for a panel upgrade?
The federal 25C credit ended for property placed in service after December 31, 2025, according to the IRS. Some states offer panel rebates through the federal Home Electrification and Appliance Rebates program while funds last.
Get matched with a licensed electrician
Tell us about the project. A member of our team will reply by email with next steps and, where we know them, local licensed and insured contractors to contact. Your details are used only for this request and never sold to data brokers.
Use the estimate above as your yardstick. A fair bid should list the panel, permit and any meter or service work separately.