Free Electrical Estimate Template

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What a professional electrical estimate looks like

Mike's Electrical LLC

Estimate #1042 · Valid for 30 days

Prepared for: Sarah Johnson

Job: Panel upgrade & outlet installation

DescriptionAmount
200A panel upgrade (labor)$1,200
Square D panel + breakers (parts)$850
Wire 4 new 20A circuits$480
Permit fee$175
Subtotal: $2,705
Tax (8%): $216.40
Total: $2,921.40
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What every electrical estimate needs

Business info

Your name, license number, phone, email

Client details

Name, address, contact info

Scope of work

Detailed description of what you'll do

Line items

Labor and materials listed separately

Payment terms

When payment is due, accepted methods

Expiration date

Usually 30 days — protects against price changes

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Frequently asked questions

What should an electrical estimate include?

A professional electrical estimate should include: your business name and contact info, client name and address, detailed description of work, line items for labor and materials separately, subtotal, tax, total, payment terms, and an expiration date (usually 30 days).

How do I price an electrical job?

Most electricians charge $80–$160/hour for labor plus materials with a 15–30% markup. For fixed-price jobs, estimate hours needed, add materials cost, include markup, and add a 10% contingency for unexpected issues.

Should I give free estimates?

For standard residential jobs (outlet install, switch replacement, fixture wiring), free estimates are expected and help you win work. For complex jobs requiring on-site inspection (panel upgrades, whole-house rewiring), charging $50–$150 for a detailed estimate is reasonable.

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