Electrical estimating is the process of evaluating the cost of an electrical project, which includes labour, materials, overheads and profit. It requires a thorough understanding of electrical codes, construction plans and specifications, as well as industry standards and practices. Estimators need to be knowledgeable in all aspects of electrical work, such as wiring systems, electrical distribution, lighting and controls, containment systems etc.
To generate an accurate estimate, an estimator must take into account the specific requirements of the project, including the location, building regulations and inspections. They must also consider market conditions, such as pricing trends, availability of materials and labour, and the overall competitiveness of the industry.
The estimator’s job is to provide a detailed breakdown of all anticipated costs, including labour hours, material quantities, markups, and contingencies. This information is then used by project managers and business owners to determine whether the project is feasible, profitable and meets the expectations of clients.