If the electrical circuit trips the switch, you just flip it back on. There are a few reasons for a new breaker box installation over a fuse box.Ĭircuit breakers are more convenient. The average cost to replace a fuse box with a breaker panel is $1,100 to $4,000 and depends on what capacity the new breaker panel can handle. Cost To Replace Fuse Box with Breaker Panel A 100-amp breaker box may be sufficient for households with minimal use of electricity, but most modern homes require 200 amps. The average cost to install a new 100-amp service is $1,200 to $1,600, or between $850 and $1,100 if the service panel needs to be replaced. Purchasing a 200-amp panel ranges from $41 for a 16-space panel to $387 for a 42-space panel, if you were to buy one at a local home improvement store. New wires may need to be added or replaced, or if anything needs to be brought up to code. Installation costs depend on the labor required. The cost to upgrade an electrical panel to 200 amps is $1,300 to $1,600, or between $1,800 and $2,500 if a new service panel is required. Upgrading electrical service panel with exposed wiring Cost to Upgrade to 200-Amp Service Panel