The answer to the cost to install an electrical meter in Chicago is that it can vary widely depending on several factors. Typically, homeowners can expect to pay between $500 to $1,500 for a standard meter installation, but the final cost will depend on the complexity of the job, any necessary upgrades to the electrical panel, and the labor rates of the licensed electrician performing the work.
The location of the home, the age and condition of the existing electrical system, and whether the meter needs to be placed in a new location can all impact the overall cost. Additionally, any permits required by the city of Chicago will add to the total price. It's essential to get multiple quotes from licensed and insured electrical contractors in the local area to ensure you get a fair and accurate estimate for your specific project.