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Question:

How much is the typical cost for extending the electrical wire 68' across the basement to the circuit box?

I am getting quotes for installing a Guardian back generator. One contractor wants to charge almost $1200.00 to extend the electric wire 68' across the basement to the circuit box. I know this wire is very cheap, and I've paid electricians about $90 per hour in the past. A task like this should take a pro no more than an hour to do. I feel they are trying to cheat me.

Answer:

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Never use anyone you suspect of cheating you, 9 times out of 10 they probably are! On the other hand, tradesmen who are very busy quote high so as not to get the job in the first place. If you accept the quote, they will fit the job into their busy schedule due to the fact they will be quids in for a small amount of time and effort Get another few more quotes. They will put your mind at ease about being cheated. Good luck.
USA Wire is NOT very cheap. Copper has increased exponentially lately. If you think you are being cheated, get three quotes. If they are all within 10%, take the least expensive. If one of them is 40% or 50% less than the other two, he is the one who is going to cheat you by giving you less than what you expect. Make sure the work is performed by a licensed electrician and obtain a permit.
$1200 seems high. Wire is not cheap anymore due to high copper prices, but that type of wire shouldn't be more than $1-2 per foot. Even with a circuit breaker and other stuff, his cost can't be more than $200. That leaves a heck of a profit for an hour or two of work.

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