The answer to 'cost to install electrical panel in Chicago' is that the cost can vary significantly depending on several factors. Generally, the cost to install a new electrical panel in the Chicago area can range from $800 to $2,500 or more, depending on the size of the panel, the complexity of the installation, and any necessary electrical work required.
The main factors that influence the cost include the size of the electrical panel (typically 100-200 amps), whether the panel needs to be upgraded or replaced, the accessibility of the installation site, and any additional electrical work needed, such as rewiring or adding circuits. Homeowners should always get multiple quotes from licensed and insured electrical contractors to ensure they get the best value for their project.