Search the Going rate.. :thumbup:

 

 

Think more along the lines of charging per device, not by the wire. That's not the whole story, just something to think about.

 

Well I would assume you would want to charge for each one wouldnt you?

Surely running the wire could be hard & tricky & you dont want to undersell yourself, but you also want to charge extra for termination & installation of the device.

I realize you cant tell me how much I should charge based on my experience or what I feel I'm worth on every job.

I was just wondering if you "upsell" the price of the wire itself when you include it inside of the materials cost, or you just include it at what you've paid for it.

Lets say you pay .50 a foot for cat5e, is it ok then to charge the customer $2 per foot just in material?

Or do you generally include the price of the wire as what you paid for it (+ a little for your time of ordering, picking up etc)

If I remember correclty, I think I've over heard people/companies charging around $30 to run a single wire on top of labor materials etc.

So I didnt know if I should charge per wire, per hour, per job etc. I know in the low voltage it can vary a bit.

 

Basic installation or Service call at a 2 Hour Max. So that's either one location for a cable drop or 2 hour troubleshooting call for network issues.

I bill out at 75 for the first location drop (no matter how many drops you want) + $50 for each additional depending on the difficulty. Then I figure out an aprox rate for materials if the jobs really that long or that many runs.

So two bedroom house, with living room and family room open access to ceiling in basement single story. $275 + Parts

 

Basic installation or Service call at a 2 Hour Max. So that's either one location for a cable drop or 2 hour troubleshooting call for network issues.

I bill out at 75 for the first location drop (no matter how many drops you want) + $50 for each additional depending on the difficulty. Then I figure out an aprox rate for materials if the jobs really that long or that many runs.

So two bedroom house, with living room and family room open access to ceiling in basement single story. $275 + Parts

This seems like a pretty good price range/system that I would like to be around.

Question though, the first drop for $75, does that include termination into a device? Or is that strictly the price for the cable drop?

I think $75 + $50 for each additional drop seems pretty fair across the board for the customer & your time. Do you use this price structure regardless of the wire? (cat5, cable, etc?)

So on top of those drop prices, when you're adding in the price of materials, do you generally increase the price from what you paid for it?

 

So Mr. Science, you want my whole business plan, marketing ideas and mark up cost too while we're at it?

 

Yes, please.

 

Job Cost

When you are out quoting jobs, how exactly do you price them out?

How do you determine how much you will charge for running each wire(s) and installing device(s)?

You obviously have a cost per foot you must make up to pay for the wire itself, but how is the rest of the price caclulated?

Difficulty?

Distance?

Type of Wire?

Just a plain old X amount per wire?

Anything else?

For instance, I'm thinking of installing Wifi for people, so I would need to know how much I should charge them for the Cat5 cable pull & for terminating & installing the wifi device?

Thanks.

When pricing out a job like this
take the cost of material, the time u will have invested in the job (how much is your time is worth), and any other factors u may have such as gas. (a fair trip charge is not to much to ask for with the rising cost of gas these days.)

add them all together and get a base rate.
this is your estiment figure.
any other prices could be determend when extra arise if any..

hope this helps
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god bless

 

What you charge depends on how much profit you want to make. Nothing more.

 

You also are gonna have to figure out if you are gonna invest in a drywall saw or fishtape. Or, are you gonna be the primadonna that wants the electrical contractor to install all your rinds and strings for you.

 

rinds and strings for you.

Johnny, Cable pulling will be covered in a later class :001_huh: