Gucci wrote:I’m a commercial credit underwriter. I see a bunch of tax returns for contractors such as electricians and plumbers. If it’s a decently large outfit, there’s quite a lot of expenses involved. Insurance, material, labor costs, equipment expenses, staffing people for the offices? etc.
Definitely not taking that $280/hr home. They'd be lucky for $40 of that $280.
I am not talking about a multi-million contractor to re-wire the empire state building that will have 20 engineers on site, 3 cranes, 6 stair towers, and 5 trucks. I am talking about a guy with a toolbox.
stickem wrote:I think you're confusing what an electrician company charges per hour vs what an individual electrician makes per hour.
If you are talking about me you might be correct, maybe my research showed what an electrical contractor chargers not individual.
Limewater wrote:stickem wrote:I think you're confusing what an electrician company charges per hour vs what an individual electrician makes per hour.
On top of that, I think he might be confusing average service call price with hourly rate. My searches on electrician hourly rates shows something more like $80-$100 per hour, but getting a skilled tradesman to your house generally costs more than just the hourly rate.
But yes, a tradesman actually makes way less than his hourly rate.
Yea if $80-100 thats a more reasonable price so a 2 day work of 5 hours will be a more reasonable $1000 compared to $2800. If my numbers were wrong I apologies. I just accepted the numbers because I knew labour is very expensive.