The answer to 'cost to install electrical panel near me' is that the cost can vary widely depending on several factors. Typically, the cost to install a new electrical panel or upgrade an existing one can range from $800 to $3,000 or more, depending on the size of the panel, the complexity of the installation, and your location.
The main factors that affect the cost include the size and type of electrical panel needed, the accessibility of the installation site, the need for any additional electrical work, and the labor rates in your local area. Larger panels, panels that require extensive wiring or upgrades, and installations in hard-to-access spaces will generally cost more. It's important to get quotes from local licensed electricians to get an accurate estimate for your specific project.