Electrical Service Price Calculator

Price a service call the right way, enter loaded labor, materials, overhead recovery, and your target margin to get a flat-rate service price that covers your true cost and profit. Includes a breakdown and a price checker. Free, no signup.

Use calculatorHow it works

Calculator

Service Price Calculator

Free
Service call / troubleshooting2 hrs labor16.0% net target

Flat-rate service price

$440

53.6% gross · 16.7% net · 55-65% gross on service calls

Exact $436.31 · rounded to nearest $5

Meets industry margin target
Net profit at this price$74
Direct cost
$204Labor + materials + fees
Overhead recovery
$163$26,000 ÷ 160 jobs
Total job cost
$367Direct + overhead, your break-even floor
Gross margin
53.6%Electrical service: 55-65% gross · Panel/rewire: 45-55%
Net margin
16.7%NECA/CFMA net margin benchmark: 8-15%
Markup on cost
20.1%16.0% net needs 19.0% markup
  • Labor (loaded): $104
  • Materials: $50
  • Travel / dispatch: $50
  • Overhead recovery: $163
  • Net profit: $74

Loaded labor: $52.00/hr

Enter a quote to check

Service call gross
55-65%
Panel upgrade gross
45-55%
Material waste
5-10% wire/conduit
NECA overhead
13-26% of revenue

NECA overhead benchmark: ~13-26% of revenue

  • Start from the service visit

    The calculator opens on a standard service call, adjust labor hours, loaded rate, and materials to match the task you are pricing.

  • Add overhead and your margin

    Recover fixed business costs per job, per hour, or as a percent of direct cost, then set the net margin you need to keep on service work.

  • Get your flat-rate price

    See the recommended flat-rate service price using the divisor method, a cost breakdown, gross and net margin, and a checker to test a price you already charge.

How it works

  1. 1

    Start from the service visit

    The calculator opens on a standard service call, adjust labor hours, loaded rate, and materials to match the task you are pricing.

  2. 2

    Add overhead and your margin

    Recover fixed business costs per job, per hour, or as a percent of direct cost, then set the net margin you need to keep on service work.

  3. 3

    Get your flat-rate price

    See the recommended flat-rate service price using the divisor method, a cost breakdown, gross and net margin, and a checker to test a price you already charge.

Why electrical contractors price service flat-rate instead of by the hour

Hourly billing punishes your best techs and scares customers who don't know what the final number will be. Flat-rate service pricing fixes both: you price the task, not the clock, so a fast tech earns more and the customer approves a known price up front. But a flat rate only works if it is built from your real cost, loaded labor, materials, and a fair share of overhead, plus the margin you need to stay in business.

This calculator builds that price the industry-standard way. It totals your direct cost, adds overhead recovery, and applies your target margin with the divisor method, price = (cost + overhead) ÷ (1 − margin), so the number you put in the price book actually clears. It overlaps the Markup & Margin calculator (which prices a single part) and the Job Pricing calculator (which prices a whole job); this one is tuned for the flat-rate service call. Use them together to build a price book your whole team can quote from.

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Worth asking before you book

Service Price Calculator FAQs

Add the loaded labor cost for the task (hours × burdened rate) and the materials, add a share of overhead, then divide by (1 − your target net margin) to get the price. Example: $120 cost + $40 overhead = $160; at a 20% margin, $160 ÷ 0.80 = $200 flat rate. Build one for each common task to create a price book.
The Markup & Margin Calculator prices a single part or material from its cost. The Service Price Calculator prices a whole service visit, labor, materials, and overhead together, into one flat rate. Use markup/margin for parts, and this tool for the service call price your customer sees.
Margin, with the divisor method. Dividing cost by (1 − margin) gives a true margin on the price; multiplying by (1 + markup) does not. A 50% markup is only a 33% margin, pricing to markup is why many shops under-earn on service.
Yes. Every tool on CloseCrew is free for contractors, no account required. Pair it with the Labor Rate and Markup & Margin calculators to build a complete flat-rate price book.
Where to next

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