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Domestic electrician rates

What do you think the labour rates are for self-employed domestic electricians in the Midlands for:

1. First hour;

2. Subsequent hours;

3. Day rate.

Looking online I thought it was £200-250 a day = £25-32 per hour (then more for the first hour). Now I'm starting to think most charge around £35-45 per hour or up to £70+ and maybe £350 a day? I don't know what sub contractors are on ATM but obviously being self-employed has more costs and work involved.

I've seen a few places say to add 20% profit on top of the day rate but lets just say you're including that in your day rate.

Materials are separate and let's presume you add a mark up on them.

Parents
  • If you are dodging about doing odd jobs you will be lucky to have four paid hours per day.

    Realistically you need to budget on doing three of jobs a day, but then you are looking at charging £70-80 per hour for the hours you actually work.

    Everyone will think you are creaming it if you charge £50 for the first hour and assume you get eight jobs gone each day making £400 per day, but it doesn’t work like that.

    I do have a tale about a subbie electrician who grossed over a £150k last year doing work similar to what I am doing, but surprise surprise he not working for some of the firms now, the people I have told the tale to said if they had done it I would not know about it, because they would not have told anyone!

    In theory I should be earning nearly £60k per year on my day rate as a subbie with mileage and materials on top, but I cannot keep the pace up. None of what I do is particularly complicated, it’s all about doing a job that is acceptable on time.

Reply
  • If you are dodging about doing odd jobs you will be lucky to have four paid hours per day.

    Realistically you need to budget on doing three of jobs a day, but then you are looking at charging £70-80 per hour for the hours you actually work.

    Everyone will think you are creaming it if you charge £50 for the first hour and assume you get eight jobs gone each day making £400 per day, but it doesn’t work like that.

    I do have a tale about a subbie electrician who grossed over a £150k last year doing work similar to what I am doing, but surprise surprise he not working for some of the firms now, the people I have told the tale to said if they had done it I would not know about it, because they would not have told anyone!

    In theory I should be earning nearly £60k per year on my day rate as a subbie with mileage and materials on top, but I cannot keep the pace up. None of what I do is particularly complicated, it’s all about doing a job that is acceptable on time.

Children
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