What does a basement subpanel cost in a NB rental conversion?

A basement subpanel for a New Brunswick rental conversion typically costs $1,200 - $2,500 installed, depending on the amperage needed and complexity of the installation.

The cost varies significantly based on several factors specific to rental conversions. A basic 60-amp subpanel installation runs $1,200 - $1,800, while a larger 100-amp subpanel needed for a full apartment conversion costs $1,800 - $2,500. These prices include the subpanel, breakers, wire run from the main panel, and professional installation by a licensed electrician.

Rental conversion subpanels require careful planning because they need to handle the electrical load of a separate living unit. Most basement apartments need dedicated circuits for kitchen appliances, electric heat, hot water, and general lighting/outlets. The subpanel amperage depends on your heating system - electric baseboard heat requires significantly more capacity than oil or gas heat. Your electrician will perform a load calculation to determine the proper size.

TSANB permits are mandatory for subpanel installations in New Brunswick, especially for rental conversions. The electrical work must meet Canadian Electrical Code requirements for separate dwelling units, including GFCI protection in bathrooms and kitchens, AFCI protection for bedrooms, and proper grounding. Many municipalities also require building permits for basement apartment conversions, which involves additional inspections beyond the electrical permit.

Additional costs to consider include upgrading your main panel if it lacks capacity for the subpanel (add $1,500 - $3,000), running new circuits from the subpanel to outlets and fixtures ($200 - $400 per circuit), and installing a separate electrical meter if required by your municipality or NB Power (significantly more expensive). Some older homes need service upgrades to handle the additional load of a rental unit.

The wire run distance between your main panel and subpanel location affects cost - longer runs require larger wire gauge and more labor. Basement installations are typically straightforward, but finished basements requiring drywall patching add to the expense.

Safety and code compliance are critical for rental properties. Insurance companies scrutinize electrical systems in rental units, and non-compliant work can void coverage. Only licensed TSANB contractors can legally install subpanels, and the work requires inspection before you can rent the unit.

Need help finding a qualified electrician for your rental conversion? New Brunswick Electrical can match you with local contractors experienced in basement apartment electrical work for a free estimate.