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EnergizeUs
Contributor 4
2 days ago

HELP Too Many Electricians Google Prices — Not Enough Understand Margins

The last 6 months in our masterclass, we been talking with contractors throughout the USA- and one thing has shocked me personally about Electrical Contractors...

Most electricians aren’t building pricing based on math, they’re just guessing. This is a shock to me because so many of us worked our A$$ off to apply and take the state exam. Yet, we fall back to asking Facebook or Googling “how much to charge for [x].”

Another thing I saw was many copying what the other guy charges without knowing if he’s even profitable, or the fact their competitors have a different overhead. 

Am I the only one going crazy here? 

I built this visual as a blueprint for the trades. If you wire jobs with code compliance, you should price them with the same level of attention. 

What do you all think? 

 

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