The average cost to replace an electrical panel is $995 to $1,695 for panels of 100 – 200 amps with or without sub panels and disconnects. To do a complete electrical service upgrade to 200 amps (Highly recommended), expect to spend $1,500 to $3,500, pending costs of additional protective devices and type of service being overhead or underground. JMC Electric includes all labor, material, and local taxes in pricing. JMC Electric also works with and includes all scheduling and paperwork for City and Utility inspections and clearances.