Whether it is household appliances, industrial equipment, or construction tools, electric wires are an indispensable part of any machinery. Furthermore, you may have to buy it in bulk for commercial purposes.
So, it is important for you to know how much it costs as it helps you to budget beforehand. Anyways, the cost of electric wires depends on certain factors. Regardless of the application areas, you should learn about these factors to know about wire costs.
In this article, we will discuss the factors on which the cost of an electric wire in India depends and also mention the average costs of such wires.
Understanding the Cost of an Electric Wire: Factors to Remember
It is difficult to mention the exact price of electric wires as the cost often fluctuates. However, if you keep certain factors in mind, you can easily work out the average cost of such wires at any time. The aforesaid factors include:
Types of Wire:
It is a vital factor in determining an electric wire’s price. Different types of wire are available in India, from copper to plastic-coated. Copper wires are usually the most expensive ones.
Also, wires are classified based on their voltage capacity- low-voltage wires, high-voltage wires, etc. Price varies on this, too. So, rely on the electrician you hire. They know which wire suits your needs and once the type is selected, you get to know its price.
Quantity of Wire:
If the wire is for a wide industrial area or commercial space, you need to buy it in huge quantities. For smaller areas, lesser amounts are required. Sometimes, you may get a discount on the overall price while buying in bulk. So, decide on the quantity of wire required first.
Quality of Wire:
Different qualities are available for electrical wires in India, like other electrical equipment. Even though buying poor-quality wires may be cheaper, they might not be safe or serve your purpose well. On the contrary, if you buy high-quality wires, it will cost high initially. But, it will save replacement and maintenance costs in the long run.
The Average Cost of an Electric Wire in India
A wide range of companies offers different types of electric wires. Regardless of the type, however, wires made by popular companies usually cost between Rs 1,800 and Rs 3,000 for 90 metre.
Other companies provide wires that cost below Rs 1000. Anyways, whatever company you opt for, you must ensure its credibility. Also, check buyers’ reviews on the wires. It is recommended to focus on quality more than low cost.
What is the Overall Cost of Electric Wiring:
Many assume the total cost of electric wiring in a place includes only the cost of wires. But, it is not the case. If you’re ready to plan a budget for electrical wiring in an office, home, or other areas, you should focus on other costs too.
Apart from the wire costs, you need to add labour costs which vary on the number of electricians required for the task and the total number of days needed. Sometimes, the payment of electricians also depends on the number of points prepared.
Even then, according to different surveys, in India, the electrical wiring cost per square foot can range from INR 100 to INR 250. Also, you should count the cost of other accessories like metal boxes, switches, conduit pipes, etc. On average, the pipes may cost Rs. 35- Rs.40; while a metal box with six switches may cost around Rs. 70- Rs.75, etc.
However, only a professional can provide you with the right cost estimate. They will supervise the whole area, and list down the volume of wire and other accessories needed. Finally, they will include their labour charges and give you a final estimate.
Why is Comparing Prices Important?
Do not rely on one source to buy electric wires. Numerous companies produce wires. And you can find numerous sources online and offline. Check out a few trustworthy and known sources and compare the wire prices.
Also, compare the quality of the products. Thus, you will be able to analyse the prices properly. With the right analysis, you can buy the best quality electric wires at the most competitive prices.
Final Words
To ensure safety and durability, you should opt for high-quality wires. Also, you must keep your budget in mind. Beware of the undue extra cost that many companies ask for. Take some time to research the company and the wires you’re buying.
L&T-SuFin is a trusted online platform for buying electrical wires and other industrial and commercial products. Check out its offers and also avail of logistics and financial support to make your buying easier.