Cost to Electrical Panel Upgrade in Memphis, TN

$820–$2,870 in Memphis

18% below the national average · 0.82x cost multiplier

Expect to pay $820–$2,870 for a electrical panel upgrade in Memphis, about 18% below the national benchmark. The Southeast region's contractor market and material costs account for most of this difference. The detailed breakdown below shows how budget, mid-range, and premium projects compare at Memphis prices.

Cost Breakdown in Memphis

Line Item	Low	Mid	High
Cost per panel	$820	$1640	$2870
Materials	$410	$615	$984
Labor	$410	$697	$984
Permits	$123	$205	$287
Total	$943-18% vs. national avg	$1,640-18% vs. national avg	$2,460-18% vs. national avg

Budget

Basic 100-to-200 amp upgrade with standard breaker panel, minimal circuit additions, existing wiring in good condition

Mid-Range

200-amp panel with copper bus bar, 30-40 circuit spaces, arc-fault breakers on required circuits, grounding system update

Premium

Top-tier 200-400 amp panel (Square D or Eaton), whole-home surge protection, smart breaker panel, new grounding system, subpanel for garage or workshop

Material Options

Material prices below are national averages; availability in Memphis may shift costs slightly.

Material	Cost/Unit	Pros	Cons	Best For
Standard Panel (Square D Homeline)	$150 - $250	Widely available, affordable, reliable, easy for electricians to work with	Basic features, no smart monitoring, standard warranty	Budget-conscious upgrades, rental properties, straightforward replacementsWidely available, affordable, reliable, easy for electricians to work with
Premium Panel (Square D QO)	$250 - $400	Visi-Trip indicator on breakers, more durable contacts, better arc protection	Higher cost, QO breakers cost more than Homeline	Homeowners who want better reliability and longer lifespanVisi-Trip indicator on breakers, more durable contacts, better arc protection
Smart Panel (Span or Leviton)	$3,500 - $6,000	Per-circuit monitoring and control via app, solar and EV integration, energy tracking	Very expensive, requires Wi-Fi, newer technology with less long-term track record	Tech-savvy homeowners, solar panel owners, homes with EV chargersPer-circuit monitoring and control via app, solar and EV integration, energy tracking
Eaton BR Series	$175 - $300	Good build quality, competitive pricing, wide breaker selection	Less common than Square D in some regions, slightly fewer circuit options	Mid-range upgrades, good balance of quality and costGood build quality, competitive pricing, wide breaker selection
Siemens Panel	$175 - $325	Solid German engineering, good warranty, compatible with many breaker types	Can be harder to find breakers at local hardware stores compared to Square D	Electricians who prefer Siemens products, commercial-grade reliabilitySolid German engineering, good warranty, compatible with many breaker types

Other Projects in Memphis

Full Kitchen Remodel

Full Bathroom Remodel

Roof Replacement (Asphalt Shingles)

Back to national average for Electrical Panel Upgrade

Memphis Estimate

Typical Range

$820–$2,870

vs. National Average

18% below national

Cost Multiplier

0.82x

Cost Per panel

$820–$2870

Estimates apply Memphis's 0.82x regional cost multiplier to national averages. Actual bids vary by contractor, project scope, and timing.

See national average costs →