Poll..Service Rates

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celtic said:
Is this the right thread?
LOL

How much time was devoted to obtaining permits, waiting for inspector, creating the panel schedule, purchasing material, bookkeeping, etc etc etc.
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OK I get it, bait and switch......:smile:
 
rate

rate

Philadelphia, Tri County
$150.00 per hour drive time included, 2 man crew, mechanic and apprentice
For good customers with alot of work we reduce our rate according to amount of work and how they pay
 
Len said:
Philadelphia, Tri County
$150.00 per hour drive time included, 2 man crew, mechanic and apprentice
For good customers with alot of work we reduce our rate according to amount of work and how they pay
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So when you reduce your rate according to amount of work and how they pay. i assume all your bills are also reduced, your phone company drops their rate, your libality insurance company drops their rate, you workers comp rate is lowered, and your truck insurances, and all the truck upkeep costs are also reduced, sounds like you have some great argeement with all your suppliers, mine usually have rates increased.
 
satcom said:
So when you reduce your rate according to amount of work and how they pay. i assume all your bills are also reduced, your phone company drops their rate, your libality insurance company drops their rate, you workers comp rate is lowered, and your truck insurances, and all the truck upkeep costs are also reduced, sounds like you have some great argeement with all your suppliers, mine usually have rates increased.
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i think he means this:

hourly rate is calculated off weekly billable hours. if customer X can provide a known amount of hours during a week, the EC can recalculate the hourly rate off that amount of work. if the hours are higher than what the original rate was calculated from, the hourly rate goes down.
 
celtic said:
How much time was devoted to obtaining permits, waiting for inspector, creating the panel schedule, purchasing material, bookkeeping, etc etc etc.
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That stuff is all free with every service change........:rolleyes:
 
You guys will be Proud of me, I've charged a trip charge on all calls this week...see there, there's still hope for the mule...:cool:
 
Mule said:
You guys will be Proud of me, I've charged a trip charge on all calls this week...see there, there's still hope for the mule...:cool:
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Your headed in the right direction. Understand that you can sell a job by making the customer comfortable enough with you they never ask another contractor for a rate and you will be able to get what you ask for without having to worry what others are charging.
 
bradleyelectric said:
Your headed in the right direction. Understand that you can sell a job by making the customer comfortable enough with you they never ask another contractor for a rate and you will be able to get what you ask for without having to worry what others are charging.
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I guess I worry more about value provided to the customer, not what other folks are charging. But Im getting used to fact that higher rates are a must.

:) Did I say that?
 
I charge 110 to show up first hour and 95 per hour after. If I have help its 150 to show up and 140-150 per hour after. My service changes start at 2500 and only go up with each pita factor. But as of late I want to add andther 150 bucks to my basic service changes.
For most residential scenarios though I like to flate rate my pricing. I feel like I hit more homeruns that way, and most people like to have a price up front. And with a fixed price many times they will add to the list. They are not as apt to add work if you charge them by the hour and they see you smoking out by your truck or take a long lunch. Just last week I qutoted a lady 2650 for some basement work and before I even showed up she had called me and added 750 dollars more worth of work. I dont think she would have added if I told her I charge 95 dollars per hour plus material. It just doesnt sit right with some people. And the work only took me a day to complete. Im sure that 3400 bucks is small potates for some of you big "cats" but for a ham and egger like me its a pretty good days work.
 
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