Upgrading an outdated electrical panel in a commercial building can be an expensive endeavor, but it doesn't have to break the bank if you follow some simple tips. As the owner of a small business, I learned how to get the necessary electrical upgrades done on a budget.
Why You May Need to Upgrade Your Commercial Electrical Panel
There are a few common reasons you may need to upgrade the electrical panel in your commercial space:
Safety Issues
- Older electrical panels can fail over time, leading to fire hazards or electrocution risks. Upgrading to a modern panel with circuit breakers helps prevent disasters.
Capacity Problems
- If you've added more electrical devices and appliancs, an outdated panel may not have enough capacity to handle the load. This can lead to tripped breakers and power issues.
Obsolete Parts
- Parts like fuses can be hard to find for old panels. A new panel will have widely available replacement parts.
Expansion Plans
- If you want to expand your business, you'll likely need a larger electrical capacity. A panel upgrade prepares you for future growth.
How to Upgrade Your Commercial Electrical Panel on a Budget
Upgrading your commercial electrical panel doesn't have to drain your accounts if you follow these cost-saving steps:
Get Multiple Quotes
- Reach out to several licensed electricians and get written estimates for the job. Comparing multiple bids helps you find the best rate.
Ask About Panel Options
- Discuss your specific needs with electricians and ask what panel types and brands they recommend. They can guide you towards quality equipment at lower prices.
Consider Refurbished Parts
- Ask electricians if they can source refurbished breakers, meters, or conduit. Used parts that function like new can save you money.
Request Discounts on Labor
- Since the panel upgrade is a big job, you can try negotiating lower labor costs or discounted hourly rates from electricians.
Schedule During Slow Periods
- If you can arrange the upgrade during an off-peak time for the electrician, they may offer you a discounted rate.
Purchase Materials Yourself
- You may be able to save by purchasing the actual panel equipment yourself and providing it to the electrician. Just be sure to buy approved items.
What to Expect During a Commercial Electrical Panel Upgrade
Here is a basic overview of the panel upgrade process:
Initial Consultation
- The electrician will evaluate your current panel and electrical needs and provide a quote for the job.
Permit Approval
- For commercial spaces, a permit is usually required for panel replacements. The electrician handles this approval process.
Electrical Panel Installation
- Your power will be shut off during the actual panel installation. The electrician will remove your old panel and install the new upgraded one.
Inspection
- Once completed, your local building department will inspect the new electrical panel and provide certification.
Power Restoration
- Finally, your electrician turns the power back on and makes sure everything is working properly.
Upgrading your commercial building's electrical panel doesn't have to drain your checking account. By shopping around, using refurbished parts, buying your own materials, and negotiating prices, you can get the job done and save money too. Just be sure to use a licensed professional you trust. With some cost-conscious planning, you can gain peace of mind knowing your electrical system is safer and meets your business needs.