Electrical Contractor Package - New Mexico 2025

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Average Electrician Cost Most electricians charge $40$120 per hour, adding up to $150$600 for most small to medium electrical tasks. The total price depends on the following factors. Home size: Jobs that require whole-home wiring or rewiring cost more for larger homes.
This license covers all electrical work, including work identified in less comprehensive electrical classifications, premises wiring systems 600 volts, nominal, or less, underground distribution raceway systems regardless of voltage, and wiring systems and terminations 600 volts, nominal, or less, with the exception of
New Mexico Contractors License Requirements Complete this convenient online Business Law course (or pass the in person exam) Pass the in person Trade-Specific exam. Submit an application to the Construction Industries Division.
Fees for a New Mexico Driver License The fee is $18.00 for a four-year license or $34.00 for an eight-year license. Drivers who are 79 years old or older must renew their licenses yearly, but they are not charged renewal fees.
What is the Standard Markup for Electrical Contractors? The markup for electrical contractors depends on the current industry standard as well as the location of service. Generally speaking, however, the average markup is somewhere around 2x-6x what you paid for those materials.
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New Mexico requires a license for anyone engaged in construction-related contracting within the state. This includes general contractors and specialty contractors including electrical, mechanical, plumbing, and more over 100 different classifications of licenses in total.
New Mexico general contractor licensing fees The fees for a general contractor license are between $150 and $300. If you need a certificate to apply for a license, there are fees involved: Contractor License Certificate fee $6 (per certificate) Contractor Qualifying Party Application fee $30.

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