Electrical Contracting

Electrical contractors install, repair, and maintain electrical systems in homes and buildings - wiring, panels, outlets, lighting, and electrical troubleshooting.

You work on new construction, renovations, repairs, and upgrades as licensed electrician.

Jobs range from $200-$2,000 for residential repairs to $5,000-$50,000+ for commercial projects.

Revenue reaches $100,000-$350,000 annually for solo electrician or $300,000-$1M+ with crews with 35-55% net margins.

Target clients include homeowners needing electrical work, general contractors on construction projects, property managers, commercial buildings, businesses, and electrical emergencies.

Services include electrical repairs and troubleshooting, panel upgrades and rewiring, lighting installation, outlet and switch installation, commercial electrical work, electrical inspections, emergency electrical service, EV charger installation, and home automation/smart home.

Success requires electrical license and certifications, strong technical electrical knowledge, adherence to electrical codes, diagnostic and troubleshooting skills, customer service and communication, and potentially hiring and managing electrician crews.

Many electrical contractors specialize in residential or commercial, potentially offer emergency 24/7 service at premium rates, build relationships with builders and property managers for recurring work, focus on service work versus new construction, and scale by hiring licensed journeymen and apprentices.