Put in what you pay yourself, your overhead and your billable hours. Get the hourly rate you actually need and a flat price for 35 residential jobs, each checked against what the market is paying in 2026.
Defaults are a solo residential service electrician. Change them and everything recalculates.
| Job | Hrs | Materials | Your flat price | 2026 market | Check | Qty |
|---|
Hours and material costs are planning estimates — overwrite them with yours in the kit. Market ranges are homeowner-facing national figures from public guides, dated on the rate guide. “Below” means a one-job ticket at your numbers lands under the band. This is cost recovery, not pricing advice.
The most common mistake on every electrician forum is quoting “my wage times two.” Your rate has to carry burden, the truck, insurance, the phone, the software, the unbillable hours, and a margin. At 110 billable hours a month and $2,800 of overhead, a $38 wage needs $91 an hour before you've made a dollar of profit.
Customers want one number and you want a repeatable method. A flat rate is hours × your loaded rate, plus materials at markup, plus the trip fee. Build it once for the 35 jobs you actually do and you never quote from a guess again. If your number lands under the market band, that's information about your costs, not a reason to charge less.
Thirty percent is the forum consensus. A lot of shops run 50%, and small parts go 100–300% because the trip to the supply house costs more than the part. If you're marking up at zero because “it feels fair,” the breaker you drove across town for cost you money.
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The 2026 market bands for 35 residential jobs as a PDF. Enter your email and it's yours. We send the updated card when the numbers move.
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