Quick Answer
In 2026, upgrading an electrical panel typically costs between $1,500 and $4,500 depending on the amperage, wiring condition, and whether the home needs additional grounding or service upgrades. Older homes or complex installations may cost more.
Average Electrical Panel Upgrade Costs in 2026
1. Cost by Panel Size
- 100-amp upgrade: $1,500–$2,500
- 150-amp upgrade: $1,800–$3,200
- 200-amp upgrade: $2,500–$4,500
2. Additional Costs That May Apply
- Service mast replacement: $500–$1,200
- Grounding system upgrade: $300–$800
- Meter box replacement: $400–$1,000
- Rewiring circuits: $500–$2,000+
Signs You May Need an Electrical Panel Upgrade
- Frequent breaker trips
- Flickering lights when appliances run
- Burning smells or warm breakers
- Adding high-demand appliances (EV charger, HVAC, hot tub)
- Home still has a fuse box
Why Electrical Panel Upgrade Costs Are Rising in 2026
- Higher copper and material costs
- More homes adding EV chargers and high-demand appliances
- Stricter electrical code requirements
- Increased labor rates for licensed electricians
How to Reduce Your Upgrade Costs
- Bundle electrical work into one project
- Ensure the home’s grounding system is up to date
- Choose a panel size that supports future upgrades
- Get multiple quotes from licensed electricians