Salaries For Electrical Contractor

Introduction 

Experts in in-demand fields, like electrical contractors, can command a high salary everywhere in the United States. An electrician’s job in the United States is safe from impending extinction. Electrical engineers are experts in the design, installation, and upkeep of the wiring and electrical systems in homes, businesses, and factories. This term can imply both service providers and service recipients. Let us know the salaries for Electrical Contractor and how can you increase your Electrical Contractor Income in this article.

Salaries For Electrical Contractor

The median annual salaries for Electrical Contractor in the United States is $80,238. The range of salaries of Electrical Contractor for those in the middle 50% of the salary distribution is $$16,778-$440,000. As an Electrical Contractor, you can expect to make a yearly median pay of $80.2238. However, the top 86.7% of earners can expect to earn $440.600. Their income varies widely depending on their experience, speciality, and geographic location. Employees who put in the required weekly hours may usually count on retirement and health insurance plans, paid time off, and company pensions.

Salaries for Electrical Contractor

Nearly $100 million will be made available in 2020 from the U.S. Department of Labor to expand apprenticeship programs for emerging occupations like electrician. The Occupational Outlook Handbook published by the Bureau of Labor Statistics projects that the employment of electricians will increase at a rate that is faster than the average from 2018 to 2028 when a total of approximately 74,100 new electrician jobs will create. It represents an increase of roughly 10%.

The average annual pay of an electrical contractor in the United States is $70,345 (ranging from $62,841 to $82,630). It is based on data from several salary aggregation websites. The following is a list of the base salaries that apply to electrical contractors as of July 2022:

Salary.comPayscale GlassdoorIndeedZipRecruiter
$64,268$72,719$82,630$69,269$62,841

Experience, Education, and Certifications

Prospective electrical contractors must be at least 18 years old and have either a high school diploma or a General Equivalency Diploma (GED). In addition, you are required to take algebra for an entire year. Most electrical contractors obtain their education at vocational schools and then serve apprenticeships for four years. A total of 2,000 hours of on-the-job training are required of apprentices in addition to the 144 hours of technical instruction they receive during the program. Reading blueprints, being familiar with electrical rules, and being aware of safety precautions are all essential areas of study. 

Jeff Bezos Career Advice
Jeff Bezos Career Advice

Highest paying U.S. cities for Electricians

These are the top cities in the United States where electrical contractors can expect to earn the most.

  • $58.70 an hour in San Antonio, Texas
  • $24.76 an hour in Las Vegas, Nevada 
  • $56.25 an hour in Phoenix, Arizona
  • $26.16 an hour in Seattle, Washington
  • $52.50 an hour in Quincy (Washington), U.S.
  • $36.57 an hour in Fairfield, California
  • $46.00 per hour in Austin, Texas
  • $42.95 per in Brentwood, California

Typical wages for Electrical Contractor Positions

Below is a comparison of an electrical contractor’s average income to other similar jobs.

1.Manager of Unspecified Type or General Projects

  • Range: $55k – $111k
  • Average: $77,573

2.Electrical Estimator

  • Range: $46,000 – $96,000
  • Average: $65,042

3.Manager of Electrical Projects 

  • Range: $60,000 – $113,000
  • Average: $78,353

4.Project Engineer 

  • Range: $47,000 – $78,000
  • Average: $63,663

5.Electrical Superintendent

  • Range: $68,000 – $143,000
  • Average: $88,625

6.Project Manager, Construction

  • Range: $54,000 – $120,000
  • Average: $79,625 

7.Electrician

  • Range: $37,000 – $91,000
  • Average: $59,406

How can you increase your Electrical Contractor Income?

Tips for increasing your electrical contractor income:

Maintain Systems, Strategy and Structure

Create systems, policies, and procedures that apply to the entire organization, then create and build those procedures, track and monitor them, maintain them up to date, and ensure they’re followed to produce the desired results consistently.

Establishing an organized meeting calendar is crucial if you want to hold people accountable, monitor results, communicate clearly, and inspire teams to succeed.

Enhance your skills

Developing and pursuing marketable skills could let you stand out in a crowded work market and bring in a higher wage. It entails: 

  • Examining plans to determine how to wire a building.
  • Create safe electrical circuits that adhere to codes.
  • Install all electrical parts in a way that is safe and compliant with the law.
  • Verify that completed electrical work complies with regulations and is safe.
  • Identify the cause of any electrical problems and address them.

Obtain a Contractor License for Yourself

Delaying receiving a construction contractor license is one surefire way for a business owner to lose money. An examination, background investigation, and a surety bond are often necessary for potential licensed contractors. The belief that a licensed contractor has complied with all local laws and regulations makes customers more likely to hire them.

Conclusion 

Wiring and lighting systems are installed by electricians, who use blueprints and diagrams as references. While electrical faults can usually be diagnosed and fixed, sometimes the cable, circuit breakers, and other equipment involved need to be replaced. They work in a variety of positions, with correspondingly varied salaries.

As the economy grows, stricter regulations on electrical systems in homes and businesses are required. Opportunities will naturally increase in proportion to the rate of population expansion. Jobs and economic growth aren’t the only benefits of transitioning to renewable energy sources like solar and wind.

Frequently asked questions (FAQs)

1. How much do the most successful contractors earn?

A wide range of incomes is available for general contractors in the United States, starting at $12,955 and going up to $339,343, with a typical compensation of $62,328. General Contractor salaries range from $62,330 on the low end to $154,114 on the high end, with the top 86% earning $339,343.

2.For an electrician, what is the minimum one may expect to make?

The statistics on electrician salaries revealed, among other things, that the national median wage for an entrance electrician with 0-2 years of experience is $49,100. It represents the salary at the 50th percentile. The starting salary for an electrician with 2-4 years of experience is $59,500, while the salary for an electrician with 4-6 years of experience is $66,600.

3.Is it a smart move to launch my building and construction business?

When conducted correctly, the construction industry presents a one-of-a-kind opportunity with the potential for significant financial reward. Launching your construction firm is excellent if you’ve got the know-how or you know someone who does.

Salaries For Electrical Contractor

Leave a Reply

Your email address will not be published. Required fields are marked *

Scroll to top