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Maybe Get a New Electrical Panel

My house was built in 65 and the electrical panel is at least 15 years old. There is a deal through a company offering a new electrical panel with whole house surge protection for $949, the regular price is $2495. I'm thinking of getting a panel for several reasons: the whole house surge protection, the cost savings on the work, improvement in the quality of the AC in the house for my system, our lights dim even when turning on something like an iron to iron clothes and finally, it could save a little money on the electric bill.

Your thoughts? If I do this, any tips on the kind of panel to get or to pass on? I saw here that a Square D panel with copper buss is preferred over one with aluminum buss?
foster_9
foster_9 OP
1,638 posts
 
Sounds like a scam to me. Over 60% off the regular price?....
05-15-12: Jea48
Jea48, no, this is not a scam. The offer is made through Angie's List. The company that would do the work received an Angie's List Super Service Award. The companies I have hired from Angie's List have generally been good to great. Yes, the panel has a main breaker- not sure of the amps.

Rrog, the normal price for the panel installation is $2495. The discount is a limited time offer made to Angie's List memebers. The regular price is not $949. I believe you could be right about the quality of the panel I have vs a newer panel.
jea48
4,474 posts
 
Foster_9,

Materials alone would cost more than $949.00

To change the electrical panel out the power company will need to pull the electric meter.

Depending where you live the AHJ (Authority Having Jurisdiction) may require an electrical permit.

If that is the case the power company may be required to get a release from the AHJ.

And at that point the $949.00 could turn into thousands of dollars..... Depends on if the house has to be brought up to meet current code.

You could call your Building Inspection Department and ask.

hifiharv
351 posts
 
To put the cost in perspective, I have been quoted between 1500 and 2000 for a new panel. My old one has aluminum bars which are corroding and the breakers are obsolete and hard to find. This is Florida and I believe a permit is required from the county. I know this job takes time and involves a service from Fla Power and Light, but do the parts really cost that much? I see breakers for $4.00 at home depot. Other than that it's just a box and buss bars. Pardon my ignorance if I am missing something here.
Anyone out there have an opinion on whether the Surge Protector is good or bad?
kennythekey
593 posts
 
The material cost probably comes from the surge protector. I'm pretty sure the protection is installed before the panel, so you probably have a somewhat permanent problem if you don't like what it does to your sound.

Not sure what the surge protection does to improve your AC if it's not conditioning. Definitely, a worthwhile endeavor to fully investigate this system before leaping.
foster_9 OP
1,638 posts
 
Thanks for the feedback from all of you. All things considrered, I will likely not go this route.
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