Electrical Contractor Package - New Jersey 2025

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  1. Click ‘Get Form’ to open the Electrical Contractor Package in our editor.
  2. Begin with the 'New Jersey Electrical Contract' form. Fill in the contractor's details, project scope, and insurance information as required.
  3. Next, utilize the 'Bid Log' to track outstanding bids. Enter details such as due dates, bid prices, and statuses for each entry.
  4. Complete the 'Summary of Estimate' by summarizing tasks and associated costs for your project. This will help in generating a comprehensive contract price.
  5. Use the 'Change Order Sheet' if any amendments are needed on existing contracts. Ensure all changes are documented clearly.
  6. After project completion, fill out the 'Certificate of Completion' to certify that all work has been satisfactorily completed.
  7. Finally, gather feedback using the 'Customer Satisfaction Survey' and 'Company Evaluation by Customer' forms to improve future projects.

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Time Tools The time spent physically working in a home is only a portion of what goes into a professional electrical job. Behind the scenes, electricians invest time in planning, sourcing the right materials, ensuring code compliance, and double-checking their work for long-term safety.
Determine the Type of Contractor License You Need Electrical Contractors License - a license is required to do electrical work in New Jersey. Plumbing Contractors License - a master plumber license is required to do plumbing work in the state.
To remain in a healthy financial state, electrical companies should aim for 20% net profit in their business plan. In terms of profit margin, a good rule of thumb is that 5% is a low margin, 10% is a healthy margin, and 20% is a high margin.
Most electricians charge $40$120 per hour, with small to medium electrical tasks typically costing $150$600 total. New electrical wiring costs $3$5 per square foot on average, while rewiring existing homes costs $6$10 per square foot due to the added complexity.
As of Apr 23, 2025, the average hourly pay for an Electrical Contractor in New Jersey is $36.04 an hour.