The dark art of...

[Eddiesparks]

...PRICING!!

I have done a load of rewires as a subby on dayrate but never done my own private one of this size. The method i am ok with, the pricing not so...!

Upstairs maisonette stripped bare, conduit in place for easy(?!) pull thru for light switches. Floorboards exposed and loft access. Fairly textbook. Not occupied. I make it 62 ' points'.

Materials look to cost between £800-£1000. Plastic newlec is the spec.

I usually charge £40 an hour for private work. I think a reasonable rate of labour 'per point' however is an hour and a half - i think £50 instead of £60 as it is a big job is reasonable.

This puts it at £1000 for parts and £3100 for labour. I was thinking with board and cert that £4500 is ok. I am not VAT registered as sole trader not making £78000 a year (yet!!)

The job is in edgeware and i wondered what others in outer london (or nearabouts/equivalent) thought about this price.

V quick run down ('per point' figure is more accurate without going into silly detail) It is 2 bed maisonette, pendants throughout but downlites in kitchen and bathroom. Tv point in beds and lounge. No extra bt points. Kitchen will need 4 appliances and 6mm cooker feed.

I think thats it!!

Thanks all

 

[telectrix]

you're not far out. a bit high if it's 1 or 2 bed maisonette. if it's 3 bed you're pretty well spot on.

 

[Eddiesparks]

Thanks mate. Have you considered i am in london? Just wondered as i think if i remember you are 'up north' (?!?!)

I know prices vary a lot round the country.

Thanks again

 

[telectrix]

ah, forgot about the london bit. i was thinking of prices where there is grass between houses.

 

[Octopus]

In rooms where you have downlights I don't think you can apply the "per point" cost, so maybe take a view on these areas.

Will you get off street parking or will you have to pay?

 

[Eddiesparks]

Interesting - Do you think for total of 16 downlights i should count as ten points then? I think a downlight takes as long to terminate and run. Imho!

Parking is all sweet. No restrictions.

 

[longboat]

I always price work on how long i think it will take, 5-6 day's 6-7.
The number of point's only comes into it when calculating material cost's.
As the place is empty with no carpet's or the like i would put a very competative price in to try and get the job, it will be a good first solo contract and presuming you have a key to come and go as you please, you could put the hour's in and rattle it off easily within five day's.
So say £2000 labour, ain't bad for a week's graft.

 

[Eddiesparks]

Someone else came in at £1500. Wtf?!?!

 

[Eddiesparks]

I dont understand it that's £700 ish labour for a long week's work. Mind you i heard that the romanian 'travellers' will work for £40 a day. Not being racist here but these people are cutting everyone's throats!!!

Either that or its a massive extras bill!!

 

[longboat]

I dont understand it that's £700 ish labour for a long week's work. Mind you i heard that the romanian 'travellers' will work for £40 a day. Not being racist here but these people are cutting everyone's throats!!!

Either that or its a massive extras bill!!

It will be a massive dog's dinner at that price.

 

[Badged01]

Someone else came in at £1500.

I take it thats labour and mats? If so send me their details, they can come subby a few house re-wires Ive got in the pipeline ....

 

[guinnessgixer]

by eck there really is a huge north south divide, 4.5k it'd be half that up here!!

 

[Eddiesparks]

I think a reasonable price would be 3.5k but 1.5 is nuts

 

[richardg]

Hi Eddie I work down your way as I'm based in Staines - I charge similar to you at £40 per hour. Assuming 5 days work =£1600 labour and a grand for materials £2600-2800 would be a competitive tender.
With the internet consumers are becoming very price savvy.
Have a look at this site which is one of many.
http://www.whatprice.co.uk/electrician/wiring.html

What's your companies website as I'm always looking for fellow sparkies in my area to tie up with.

Cheers Rich

 

[Rampantchilli]

Ok it does give ball park figures for work, outside of London.

But it also states a socket install to existing will take an hour, including travel time? How can they say that? They don't know where you are travelling from and they say nothing of certification.

 

[Eddiesparks]

Those sites are really f*cking us over. People see them and think an hours work should cost them £20 with travel included.

Richard, i will pm you mate

 

[Eddiesparks]

How do u pm someone using tapatalk?!?!

 

[Octopus]

Hi Eddie I work down your way as I'm based in Staines - I charge similar to you at £40 per hour. Assuming 5 days work =£1600 labour and a grand for materials £2600-2800 would be a competitive tender.

What's your companies website as I'm always looking for fellow sparkies in my area to tie up with.

Cheers Rich

Time to put my rates up me thinks......:35:

 

[Eddiesparks]

Murdoch where are you based?

 

[Eddiesparks]

Hi richard, i cant work out how to PM you so here it goes: my web****e is www.richelectrical.co.uk - contact details on there. Text me to confirm and i'll reply to you. Eddie