The answer to 'how much does panel upgrade cost' is that the cost can vary significantly depending on several factors. Upgrading your home's electrical panel is an important project that requires the expertise of a licensed electrician, and the final price will depend on the specific needs of your home.
Some of the key factors that influence the cost of a panel upgrade include the size and type of the new panel, the amount of electrical work required, the age and condition of your home's existing wiring, and the labor costs in your local area. Generally, you can expect to pay anywhere from $800 to $2,500 or more for a full panel upgrade, with most homeowners spending between $1,200 and $1,800 on average.