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Discuss What sort of prices should I be charging? in the Electrical Forum area at ElectrciansForums.co.uk.

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  1. Kjb Electrical
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    Kjb Electrical EF Member

    Hi all, I was wondering how much hourly rate I should be charging? I recently quoted a job only to be questioned if I was an electrician due to being too cheap.
    I’m thinking of upping my rates but want to keep at an honest and fair price.
     
  2. Andy78
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    Andy78 Respected Member

    Location:
    Kingston upon Hull
    What is your current hourly rate ?
     
  3. Kjb Electrical
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    Kjb Electrical EF Member

    £20
     
    • Dislike Dislike x 1
  4. Murdoch
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    Murdoch Electrician's Arms

    Location:
    Woking
    Way too low .... unless you are doing that 8 hours per day, 5 days a week for the same client
     
    • Agree Agree x 3
  5. Kjb Electrical
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    Kjb Electrical EF Member

    What would you recommend charging?
     
  6. Andy78
    Online

    Andy78 Respected Member

    Location:
    Kingston upon Hull
    Yeah you're too cheap. Are you even a proper electrician ? lol

    Seriously though, everyone's hourly rate will be different and you need to work out yours by working out your overheads per annum, the amount of realistic working days/hours per annum, and the amount you wish to earn per day/hour.

    The overheads incurred by a man in a van for instance will not be comparable to that of a small to medium sized firm with offices and non revenue producing staff.

    You also need to take into account local rates and local cost of living.

    I reckon you could stick a good chunk on that and not lose much business at all.
     
  7. Murdoch
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    Murdoch Electrician's Arms

    Location:
    Woking
    What sort of work are you doing?
     
  8. Massive1
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    Massive1 Trainee Access

    Location:
    southend
    My mate charge that for cutting lawns
     
    • Like Like x 2
  9. Murdoch
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    Murdoch Electrician's Arms

    Location:
    Woking
    How much do you think your annual overheads are?
     
  10. Kjb Electrical
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    Kjb Electrical EF Member

    Cheers! I’m doing mostly domestic work at the moment and I’ve just started to receive work from a local housing association. At the moment my overheads are roughly 5K..
     
  11. Murdoch
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    Murdoch Electrician's Arms

    Location:
    Woking
    So let’s say it’s £6k excluding replacing a vehicle

    At best you will probably work 40 weeks per year ....

    So 40 x 40 x 2o minus 6000 = 26k

    Way too low to make self employment a sensible employment course ...
     
    • Like Like x 1
  12. Paignton pete
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    Paignton pete Regular EF Member

    Location:
    Over the rainbow
    Hi kjb,
    Wow! Honestly I'm gobsmacked at £20 per hour. Really pleased your asking on hear what you should be charging.

    Obviously it's up to you, but I don't know how you will make profit.

    My charges are

    Out of hours call out £65 per hour
    Emergency day time call out £65 per hour
    Normal hourly rate £45 per hour
    Day rate. £225

    Hope that helps
    Peter

    P.S. I am putting my rates up next month as I know other spark in the area are charging much more and I know I am much better than them.
     
    • Optimistic Optimistic x 1
    • Creative Creative x 1
  13. chris gray
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    chris gray Electrician's Arms

    I honestly charge £35ph for cash only jobs
     
  14. rolyberkin
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    rolyberkin Electrician's Arms

    Location:
    Chelmsford
    It depends how much work you are getting, how busy you want to be and what your overheads are, my kids charge me £10 for cleaning my car! Anything less than £30 an hour is too cheap unless its mates rates.
     
  15. Rpa07
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    Rpa07 3000 posts - only 50554 behind Telectrix! Electrician's Arms

    Location:
    Bristol
    Business Name:
    Ebenezer electrical
    That's it - next new client my prices go up! No wonder people jump at my experience - and I thought they were after my wit and repartee!
     
    • Like Like x 1
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