Electrical bids priced for licensed work
Licensed electrical work carries real overhead — insurance, continuing ed, truck stock, and permits. Bid Buddy makes sure your bids reflect the full cost of doing it right.
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Your bid
Your bid is calculated as total cost ÷ (1 − margin) for a true margin.
Total job cost
$23,000.00
Recommended bid
$28,750.00
Profit
$5,750.00
Margin
20%
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Truck stock & parts
Wire, breakers, boxes, devices — mark up 40–60% to cover shrink and after-hours runs.
Permits & inspection
Always billed separately. Add a small handling fee.
Licensed labor rate
Fully-loaded journeyman hour is often $95–150. Don't discount it.
Markup & margin for electrical
Electrical contractors typically target 50–100% markup on materials and $95–150/hr on labor to net 20–30% after truck, insurance, and license costs.
Line items to include in every electrical bid
- Service call / minimum
- Labor (per hour)
- Materials + markup
- Permit + handling
- Panel / breaker
- Devices & fixtures
Frequently asked questions
Guides that go deeper
The calculator gives you the number. These walk through where each number comes from.
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