rates here start @ $2.00/ft for code job and top off around $3.25. Most of my jobs average around $5/ft after recessed lights, tv's, tp's, etc. . .; Pay starts around $7/hr w/ no benefits and peaks around $14/hr. This is all residential. Commercial electricians average not much more. I went to apply w/ a large commercial/industrial company after I got my license. Starting pay was $8/hr, no benefits. There is very little money in new residential work here. If you charge what it actually takes, you'll never get any work. I get bids rejected every week because "X will do it for $2.05, why can't you?"