The answer to 'electrical panel installation cost in my area' is that the cost can vary significantly depending on several factors. Typically, the cost for a basic electrical panel installation can range from $800 to $2,500, but it's essential to get local quotes to determine the exact price for your specific project.
The main factors that influence the cost include the size and complexity of the electrical panel, the accessibility of the installation site, the need for any additional electrical work, and the labor rates in your local area. Larger or more complex panels, difficult access, or extensive rewiring can all increase the overall cost. It's best to consult with a licensed electrician who can assess your specific needs and provide an accurate estimate.