When You Get A Low Bid For Electrical Work
Let’s say you need some work done in your home. Maybe you want new ceiling fans installed in all of the bedrooms. Or you’re ready to upgrade your wiring that’s been in place for more than thirty years.
Do any research, and the first thing they’ll tell you is to ask for bids from several electrical companies. That way, you can talk with several technicians, get a feeling for the work they will do, and find out how much they’ll charge for the project you have in mind.
The bids come in, one, two, three. They’re all similar.
Except for one. It’s a low bid. Waayyyyy low.
Before you think “yippee” and sign the contract, there are several things you should think about.
What bids are made up of
If you take a look at all the bids you’ve received, chances are the biggest dollars fall under two categories: materials and labor. If someone puts in a low bid, chances are they’re planning on skimping in one of those areas.
If they purchase the cheapest materials they can find, what will that mean for the safety of your home? If you’re installing ceiling fans, you envision them to be quiet, work well, and hopefully last for years to come. Can you do that with a cheap model that wobbles and makes noise?
Or maybe you hired them to rewire your home. You can’t see it; it’s behind the walls. Are you sure they are rewiring your house correctly?
And if they’re charging less for labor, there’s a reason for that. Are they properly certified and trained? Do they have proper insurance in place?
It all matters. If you’re getting a “great deal,” there’s a reason for that.
You get what you pay for
You’ve heard the phrase, “you get what you pay for.” If something seems too good to be true, it probably is.
Often, low bids make up the price difference in some other manner. They’ll buy cheap materials, they won’t pay attention to how well trained the technician is, and they won’t care about the reputation of their brand. They’re in it for the quick buck, and the only thing they think about is the bottom line.
And they’ll make up the difference in other places too. They might find a “bigger” problem once they have a hole in your ceiling or part of your wiring ripped out. Of course, they can fix it. But it’ll cost you …
That’s where the nightmare stories are created. Maybe you’ve heard friends or neighbors telling you about their own experiences. You don’t want to be one of “them,” do you?
When you get bids for your next project, don’t focus on the dollar figure. Focus on the stuff that really matters instead.