How much does a smart panel cost?

The cost of a smart electrical panel typically ranges from $2,000 to $5,000 for the hardware alone. When including professional installation, permit fees, and potential wiring upgrades, the total project cost often falls between $4,000 and $10,000.

At the state level, you can qualify for rebates or sales tax exemptions depending on the programs available where you live and additionally, your utility provider might also offer incentives.