Size Of The New Panel
Electric panels come in various sizes to meet the power requirements of a building. The size of the electric panel is determined by the number of circuits and the amperage capacity required.
A small electric panel can have as few as 4 circuits and support an amperage between 60 and 100 amps. On the other hand, a large electric panel can have as many as 32 circuits and support an amperage between 200 and 400 amps. The larger the panel, the more circuits and amperage capacity it can support. Regardless of size, all electric panels must adhere to safety regulations to prevent electrical hazards or fires. For homes, it’s essential to ensure that the electric panel size is adequate to power the entire house and its electrical appliances.
The larger the panel, the higher the cost for the upgrade.
Location
The location of an electric panel can make all the difference when it comes to installation costs. If the panel is located in an easily accessible area, installation will likely be relatively straightforward and therefore less expensive. However, if the panel is in a harder-to-reach location, such as in a basement or attic, the installation costs can increase due to the additional labor and equipment needed to access the area.
This can also be true if the panel needs to be relocated to a new area. The cost of relocating an electric panel can vary depending on the new location and the amount of rewiring needed. It’s best to consult with an electrical professional to determine the most cost-effective solution for your specific situation.