Mezz2006
Well-known member
I need some input from you guys, I got my building up last summer, and am now working on getting power to it. I have 2 options for getting power to my new shed/shop/garage. Shop is 44x56x16, prepped for in floor heat, will eventually get a 2 post lift, and a 18x28 wood shop. I don't really need 200amps, but i am out of space in my existing house panel and would need at minimum a sub panel installed to pull from the existing 200amp house service.
Option 1 is add a second 200amp service direct to the shop. With this, power co is responsible for any future wire issues between transformer and meter. Power co would trench in the new cable to the meter socket. Rep came out, but did not measure to where I would want the meter, ~220ft. He gave me a price of $500 for the first 145ft, additional distance is $11.14/ft. I am estimating ~$500 for meter socket/pedestal/conduit and ~$1400 to PoCo. There is a daily meter fee of $0.17/day ($62.05/yr).
Option 2 is upgrade my existing 200amp service to 320amp. With this, the power co told me they will do all the upgrades on their end at no charge. I would need to upgrade my existing pedestal to a 320amp with mains and trench/pull wire to the shop at a distance of ~200ft. I am estimating ~$2k in materials, then another ~$1k for trencher/payment to electrician buddy.
At this time, I am leaning towards the second service because of lower install cost, and based on the costs I am estimating, it would take ~16 years of meter fees to equal out the cost of pulling wire from house to shop. Second service also could be beneficial if I ever were to use the shop for business purposes.
What do you all think?
Option 1 is add a second 200amp service direct to the shop. With this, power co is responsible for any future wire issues between transformer and meter. Power co would trench in the new cable to the meter socket. Rep came out, but did not measure to where I would want the meter, ~220ft. He gave me a price of $500 for the first 145ft, additional distance is $11.14/ft. I am estimating ~$500 for meter socket/pedestal/conduit and ~$1400 to PoCo. There is a daily meter fee of $0.17/day ($62.05/yr).
Option 2 is upgrade my existing 200amp service to 320amp. With this, the power co told me they will do all the upgrades on their end at no charge. I would need to upgrade my existing pedestal to a 320amp with mains and trench/pull wire to the shop at a distance of ~200ft. I am estimating ~$2k in materials, then another ~$1k for trencher/payment to electrician buddy.
At this time, I am leaning towards the second service because of lower install cost, and based on the costs I am estimating, it would take ~16 years of meter fees to equal out the cost of pulling wire from house to shop. Second service also could be beneficial if I ever were to use the shop for business purposes.
What do you all think?

