Replacing an old electrical panel is a significant investment that can enhance your home's safety and efficiency. Costs can vary widely based on factors such as the panel's amperage, the complexity of the installation, and local labor rates. Additionally, upgrading may involve new wiring or permits, which can further impact your budget. It's essential to consider the long-term benefits of a modern panel, including improved energy management and compliance with current electrical codes. Curious about the specifics of your situation? Ask Improvi.ai for personalized guidance on costs and options!