Electrical Cost For New Home Construction | Winning Choice

By Harry Thomas | 09 Dec, 2023

Home construction is a huge investment, one that you’ll likely have to live with for many years. That’s why it’s important to budget for everything, from the foundation and framing to the electrical wiring and fixtures. So how much will it cost to have electricity in your new home? While there isn’t a precise answer, Royal Estimation will give you a better idea of what to expect. Keep reading to learn more!

What Are Some Tips For Reducing Electrical Costs During The Construction Phase?

What Is Electrical Cost For A New Home Construction?

The electrical cost for a new home construction can vary greatly depending on the size of the home, the type of wiring, and the number of fixtures. However, there are some tips that can help you keep your costs down. For example, try to use energy-efficient lighting fixtures and appliances. You should also make sure that your wiring is up to code.

• Size Of The Home:

The size of your home will have a direct influence on the amount of money you spend on electricity. If you’re building a small home, you won’t need as much wiring or fixtures as someone who’s constructing a large home.

• Type Of Wiring:

There are different types of wiring that can be used in a home. The most common type is copper wiring, but there are also aluminum and fiber optic cables. Each type has its own advantages and disadvantages, so you’ll need to decide which is right for your home.

• Number Of Fixtures:

The number of electrical fixtures in your home will also affect the cost of electricity. If you have a lot of lights, appliances, and other devices that need to be powered, you’ll need to budget accordingly.

These are just a few of the factors that can affect the cost of electricity for a new home construction. If you’re concerned about the expense, talk to your contractor or electrician. They can give you a more accurate estimate based on your specific needs.

Electrical Costs For Homes According To Square Feet:

• Cost For 800sqft:

The cost of electricity for 800 square feet would be about $128 per month. This calculation is based on an average price of 12 cents per kWh.

• Cost For 1000sqft:

In general, however, you can expect to pay between $200 and $300 per month for electricity for a 1,000 square foot home. If your home has an outdated or faulty electrical system, you may be paying even more.

• Cost For 1200sqft:

According to the U.S. Energy Information Administration (EIA), the average monthly electricity bill for a U.S. residential customer in 2017 was $111. Therefore, your monthly electrical cost would be approximately $1,332 ($11 x 12 months).

• Cost For 1400sqft:

The average monthly electricity consumption for a U.S. residential customer was about 920 kWh, so your monthly cost would be approximately $110.64 ($0.12 x 920). Your actual costs may be higher or lower than these estimates, depending on the specific features of your home.

• Cost For 1600sqft:

The average monthly electricity bill for a U.S. residential customer in was $111, so your monthly electrical cost would be approximately $1332 ($11 x 12 months). These are just averages and your home’s specific circumstances could result in a higher or lower monthly cost.

• Cost For 1800sqft:

In general, though, you can expect to pay between $100 and $200 per month for electricity in an 1800-square-foot home. Of course, this number will go up or down depending on how much electricity you use.

Tips For Reducing Electrical Costs During The Construction Phase:

• Reduce the number of light fixtures:

One way to reduce the cost of electricity is by reducing the number of light fixtures in your home. If you have a lot of lights, try to use energy-efficient bulbs or switch to LED lighting.

• Install Low-flow Showerheads:

Showering can account for a large portion of your home’s water usage. By installing low-flow showerheads, you can reduce the amount of water and electricity used.

• Use Energy-efficient Appliances:

Appliances such as refrigerators, washing machines, and dishwashers use a lot of energy. Look for models that are Energy Star certified to save money on your utility bills.

• Install a Programmable Thermostat:

A programmable thermostat can help you save money by automatically adjusting the temperature in your home. This way, you won’t have to waste electricity heating or cooling an empty house.

• Use Solar Power:

Solar power is a renewable resource that can help you save money on your electricity bills. If you’re interested in using solar power, talk to your contractor or electrician about installing solar panels.

• Upgrade Your Electrical Panel:

If your home has an old or outdated electrical panel, it may be time to upgrade. A new electrical panel can improve the efficiency of your home’s electrical system and save you money in the long run.

• Have Your Home’s Insulation Checked:

Proper insulation can help keep your home warm in the winter and cool in the summer. This can save you money on your heating and cooling costs.

• Get A Home Energy Audit:

A home energy audit can help you identify ways to save money on your electricity bills. An auditor will come to your home and assess your energy usage. They can then provide you with recommendations on how to reduce your consumption.

• Talk to your electrician:

If you’re not sure how to reduce your electrical costs, talk to your electrician. They can give you advice on ways to save money and make your home more energy-efficient.

As you can see, there are a number of ways to reduce the cost of electricity for a new home construction. By following these tips, you can save money on your utility bills and make your home more energy-efficient.

Conclusion:

It is important to budget for the electrical costs of a new home construction project. By contacting different contractors and getting estimates, you can get an idea of what the average cost will be. Keep in mind that there may be additional costs depending on the features and amenities you choose for your home. We hope this article has been helpful and informative. What are your thoughts? Have you ever built a home? If so, what was your experience like? Let us know in the comments below!

You Can Also Read:

How Much Does it Cost to Build a Warehouse?

How to Avoid Construction Planning Issues?

How Much Does it Cost to Build a Badminton Court?