What is your hourly rate as a self employed electrician? (2024-25)

[HappyHippyDad]

I did a poll last year (and the year before) on exactly this.

Below I have pasted what I wrote in the thread last time so there is a degree of similarity. We can then see if we have changed our prices much (again, bit of fun, not accurate)

pasted...

I thought I would start a poll to see 'roughly' what the average hourly rate is for self employed electricians?

To keep it as simple as possible, forget about any 'first hour' rate you may or may not charge and just go for your rate after that.

I realise this isn't going to cover lots and lots of scenarios (quotes, domestic, commercial, geographical location etc etc), but it's just for a bit of amusement and perhaps along the way we'll gain a very rough idea of an electrician's hourly rate.

It will be anonymous so please do answer honestly

 

[MDJ]

I did a poll last year (and the year before) on exactly this.

Below I have pasted what I wrote in the thread last time so there is a degree of similarity. We can then see if we have changed our prices much (again, bit of fun, not accurate)

pasted...

I thought I would start a poll to see 'roughly' what the average hourly rate is for self employed electricians?

To keep it as simple as possible, forget about any 'first hour' rate you may or may not charge and just go for your rate after that.

I realise this isn't going to cover lots and lots of scenarios (quotes, domestic, commercial, geographical location etc etc), but it's just for a bit of amusement and perhaps along the way we'll gain a very rough idea of an electrician's hourly rate.

It will be anonymous so please do answer honestly

well obviously your unsure, what is your current rate

 

[HappyHippyDad]

well obviously your unsure, what is your current rate

I've done this poll for 3 years now.
I find stats and maths interesting. Plus, I imagine most sparks are interested in what others charge. But, as in the OP, a bit of fun.
Also, its interesting to see if I'm above or below the average.
My hourly rate is £45, it has been for almost 3 years, I'm thinking of putting it up to £50.

 

[Yellowhammer]

Normally 2x for the first hour to cover getting there and back etc.
I've only been on my own for a short while so am still finding my feet with prices. I have been £40 an hour, which I think for my area is probably low-average.
The hardest thing for me has been getting used to charging this for tiny jobs. Realistically though even swapping an accessory ends up taking 1.5 hours by the time I've chatted to the customer briefly, driven there and back, potentially collected the part etc.

 

[buzzlightyear]

Some customers thinks we are all robbers charging £45.00 per hour.
They don't think what it will cost them to have car serviced, especially if it's a top range car.
With the cost of living I have found that not many customer are ring me.
The price of gas has you know and every thing.
It want be long that we will get paid with either magic beans or sea shells.

 

[HappyHippyDad]

Come on everyone! We need lots more votes

 

[Welchyboy1]

I've done this poll for 3 years now.
I find stats and maths interesting. Plus, I imagine most sparks are interested in what others charge. But, as in the OP, a bit of fun.
Also, its interesting to see if I'm above or below the average.
My hourly rate is £45, it has been for almost 3 years, I'm thinking of putting it up to £50.

After the huge spike in inflation we have had in the past 3-4 years, the cost of most things have practically doubled. Not only within business costs but as in housing, fuel, food, debt, etc. If you are still charging the same day rate as 3-4 years ago, you have greatly reduced your profit! You must have felt this somewhat?

One of the positives about running your own business over being employed, is that you can adjust your charges(and therefore your profits) at the same pace or more than inflation. As a business owner you should be keeping an eye on levels of inflation and adjusting your margins higher when required(not so much lower when inflation drops though, as costs dont drop they only rise at a slower pace)

Really this poll should show a big increase in hourly charges in respect to 3-4 years ago to reflect this, if this is not the case then guys you need to really consider your charges!

 

[DefyG]

65 first hour then 48 but been like that for about 3 years so maybe too low now for the area!

 

[happysteve]

This thread has prompted me to consider what I'm charging. I last changed my rates in October 2020. The Bank of England has a good cumulative interest rate calculator - you put in an amount for a certain year (e.g. £40 in 2021) and it tells you what that's worth now (£48.41 in October 2024): Inflation calculator - https://www.bankofengland.co.uk/monetary-policy/inflation/inflation-calculator

So I'm putting my rates up by 20% in January. We'll see how it goes.

 

[SparkySy]

This is an interesting poll, earlier this year I went Ltd for various reasons and had to put my prices up to cover the extra costs involved.
As a self employed contractor I charged £35 an hour flat rate & £70 for the 1st hour on call.
I informed all my customers that my business was changing and so were my rates beforehand, all were happy to pay more for my service and some still said I was too cheap for what I did.
I will be looking at my books for this first year very closely but was going to up my rate again in January.
Especially after customers telling me I'm cheap and then reading some of the post above, it would seem that I am still cheap!