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Pricing

Discussion in 'Business Related' started by TreeFaze, May 11, 2013.

Discuss Pricing in the Business Related area at ElectrciansForums.co.uk.

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  1. TreeFaze
    Offline

    TreeFaze EF Member

    Can anyone give me an idea of costing for domestic installations per point i.e price per socket outlet, lighting point, mains/cc and earthing etc?
    New to being selfemployed so any help appreciated folks:hurray:
     
  2. Carlosfandango
    Offline

    Carlosfandango Electrician's Arms

    Location:
    scotland
    £450 a point. Sit back and watch the work roll in!!
     
    • Like Like x 1
  3. Rockingit
    Offline

    Rockingit Trusted Advisor

    Location:
    Somerset
    Rotter!

    OP - you need to figure this out for yourself, really. Only you know your operating costs.

    Operating Costs + Profit you want to achieve / work achievable by point per month = price per point. TBH, it's a crap way of pricing for work and I don't use it!
     
  4. MDJ
    Offline

    MDJ Guest

    No!!!!!
     
    • Like Like x 1
  5. KAS1
    Offline

    KAS1 Electrician's Arms

    Location:
    King's Lynn
    Get what you can
     
  6. oldtimer
    Offline

    oldtimer Trusted Advisor

    Location:
    Edinburgh
    Yea sure and if you live round the corner from me ......................................................
     
  7. trev
    Offline

    trev Regular EF Member

    Figure out the hourly rate you'll need then take that figure and use it in the sum-

    Material cost +( number of hours estimated for completion of the job X Hourly rate)=Price to customer
     
  8. TreeFaze
    Offline

    TreeFaze EF Member

    top fella, thanks for your input mate:8:
     
  9. TreeFaze
    Offline

    TreeFaze EF Member

    Would be nice pal but even I'm not that naive !!!:8:
     
  10. TreeFaze
    Offline

    TreeFaze EF Member

    Cheers for that !!! Ha ha:banghead:
     
  11. Murdoch
    Offline

    Murdoch Electrician's Arms

    Location:
    Woking
    £10 per point. You'll be really busy but won't make any money at all.
     
    • Like Like x 2
  12. MDJ
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    MDJ Guest

    yes a busy fool
     
  13. amo
    Offline

    amo Electrician's Arms

    Location:
    east london
    check earthing before doing anything and put that into the quote. i usually charge £50 a socket £35 a light depending how complicated the routes are and if they are chased/ trunked.
     
  14. lloyd1980
    Offline

    lloyd1980 Guest

    I have never priced per point.
    you know the speed that you work, you know what you are comfortably able to do within an hour/day.
    give it a best guess as to how long it will take you, price the materials and add 20% to the price you pay your supplier , add the 2 together, you have your price.

    Or you could lick your finger, put it in the air and tell them it's £1000 per switch £1500 per socket, although you can drop to 900 a piece if there's more than 1 of each item
     
  15. oldtimer
    Offline

    oldtimer Trusted Advisor

    Location:
    Edinburgh
    You need to asses the job is property empty or the hoarders house
     
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