Results 1 to 6 of 6

Thread: reality check

  1. #1
    Suspended
    Join Date
    Oct 2007
    Posts
    2,346
    Thanks
    0
    Thanked 254 Times in 209 Posts

    reality check

    someone asked me for a budget price off the top of my head what it would cost to install one double socket outlet...didnt even think twice...R450 + vat...oooops...the bill came to R700 for labour + material for 1 plug and a piece of surfix 15 m long + the box and socket...havent done 1 plug in some time...boy did i get a wake up...in future someone asks...it will be R750 per point...for surface work and a little more if chased in.

    well if you are an electrical company and charging R450 for a double socket outlet...it would mean you only charge about R120 an hour and are getting materials which are falling off the back of a truck

    your labour rate in the elctrical industry at this point shouldnt be less than R400 ex vat and that would be a cheap rate...if you compare it to other industries like motor mechanics who charge around R700 per/hr if you take your vehicle to vw agents

    lets hear what you are paying for plumbers...electricians...mechanics...at present per/hr

  2. #2
    Diamond Member AndyD's Avatar
    Join Date
    Jan 2010
    Location
    Cape Town
    Posts
    4,403
    Thanks
    513
    Thanked 854 Times in 687 Posts
    I think your rate is relevant to where you're positioned in the market as well as what type of electrical work you're doing. When you said you quoted R450.00 I laughed so hard I nearly dropped my red wine. To install a socket for R450 and even break even the guy would need to be within walking distance as well as supplying the materials and tools to do the job. What were you thinking?
    _______________________________________________
    I am special and so is Vanash.
    _______________________________________________

  3. #3
    Bronze Member dfsa's Avatar
    Join Date
    Jun 2012
    Location
    SA
    Posts
    166
    Thanks
    8
    Thanked 31 Times in 24 Posts
    That was a nice booobooo. We sub our electical points out and our rate from the subbie's average price to us is R900-00 for 20 meter (Negotiable)
    Traveling = R5-50 per km outside the 30km radius. Depending on scope needed, Price can go down to R550-00 per point.

  4. #4
    Suspended
    Join Date
    Oct 2007
    Posts
    2,346
    Thanks
    0
    Thanked 254 Times in 209 Posts
    i dont normally price per point...i have a xl spreadsheet which allows me to add components which claculates everything adds the markup for material gives me a total inc vat...i never gives prices off the top of my head...heard that famous saying too many times...i wont hold you to that price...just need to get an idea...yeah right...what i normally do is give some ridiculous price like R2000 a point then with that figue in the persons head...when you send the bill for R900...it is easier to get your money...anyway that wont happen again in a hurry...back to my R2000 price.

  5. Thank given for this post:

    Dave A (11-Jul-12), mikilianis (10-Jul-12)

  6. #5
    Silver Member
    Join Date
    Jul 2008
    Location
    Germiston, South Africa
    Posts
    252
    Thanks
    12
    Thanked 33 Times in 30 Posts
    Quote Originally Posted by murdock View Post
    i dont normally price per point...i have a xl spreadsheet which allows me to add components which claculates everything adds the markup for material gives me a total inc vat...i never gives prices off the top of my head...heard that famous saying too many times...i wont hold you to that price...just need to get an idea...yeah right...what i normally do is give some ridiculous price like R2000 a point then with that figue in the persons head...when you send the bill for R900...it is easier to get your money...anyway that wont happen again in a hurry...back to my R2000 price.
    If this was Facebook I would be pushing the "Like" button Lol
    To make a mistake is human, to learn from that mistake is knowledge and knowledge is strength.

  7. #6
    Site Caretaker Dave A's Avatar
    Join Date
    May 2006
    Location
    Durban, South Africa
    Posts
    20,980
    Thanks
    3,055
    Thanked 2,463 Times in 2,068 Posts
    Blog Entries
    12
    Quote Originally Posted by Leecatt View Post
    If this was Facebook I would be pushing the "Like" button Lol
    It's there - see image below

    Click image for larger version. 

Name:	like-button.JPG 
Views:	17 
Size:	27.9 KB 
ID:	2694

    Also, the Thanks button is kinda multi-purpose and includes recognising posts you really appreciate if you don't want to drag Facebook into the mix
    The trouble with opportunity is it normally comes dressed up as work.

Similar Threads

  1. Libya - A harsh reality check.
    By Dave A in forum South African Politics Forum
    Replies: 1
    Last Post: 26-Feb-11, 11:21 AM
  2. [Article] Working from Home - The Online Business Reality
    By David Venter in forum General Business Forum
    Replies: 5
    Last Post: 06-Jul-10, 09:11 AM
  3. Mbeki on objective reality and leadership
    By Dave A in forum South African Politics Forum
    Replies: 4
    Last Post: 28-Sep-09, 09:10 PM

Did you like this article? Share it with your favourite social network.

Did you like this article? Share it with your favourite social network.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •