For a journeyman at $35/hour with 30% burden (taxes, insurance, benefits): loaded rate = $45. A 12-hour job costs $546 in labor. Total markup of 25-50% is typical. Please click this for the ELECTRICAL MATERIAL PRICE LIST for link if you need the cost of materials for wires/cables, conduit, cable trays and accessories The electrical installation manhours below include hauling from storage, layouting and installation of wire/cables at a height of 3 meters. methvin production rates provides accurate labour outputs, equipment productivity norms, material usage benchmarks, and construction task rates for estimators, project managers, and contractors. Improve estimating accuracy, build reliable schedules, and optimize resource allocation with. Product Specifications: Different cables (e., power, instrumentation, or specialty cables) have varying material costs. Custom: Off-the-shelf cables typically have fixed pricing, while custom lengths or specifications might. The cost of such a project is rarely a fixed figure, as it depends on a combination of material expenses, professional labor rates, and the specific complexity of the job. Add 15-30% for overhead (truck, tools, office, insurance) and 10-20% for profit.