A typical home replacement for a 100–125A indoor panel runs about $1,200–$2,500 in parts and labor; a 200A outdoor upgrade with new meter socket can reach $3,000–$6,000. Assumptions: standard conduit routing, existing wiring reachable within 10–30 feet, and a single dwelling. Buyers typically pay for a full panel replacement, including labor, materials, and permits. The article outlines cost ranges, per-unit pricing, and practical. The cost of a new panel box depends on the box size, meter/branch requirements, enclosure type, and labor for installation. The distribution box cost encompasses not only the initial purchase. Junction box costs range from low‑price indoor models ($10‑$60) to weatherproof units ($70‑$450), with installation averaging $100‑$300 depending on location and materials. For larger electrical jobs like installing wiring or replacing an electrical panel, expect to pay $2,000 to $6,000. Get free. In May 2026 the estimated national average cost to Install an Electrical Service Panel starts at $1,305 - $1,581 per panel. Use our Cost Calculator for cost estimate examples customized to the location, size and options of your project.
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