Adding a separate electricity meter costs $1,400 to $4,700. Electric meter box replacement costs $500 to $2,100 on average, depending on the meter size, location, installation complexity, and code requirements. The article outlines cost ranges, per-unit pricing, and practical. Homeowners typically pay a lump-sum for electric meter installation ranging from modest upgrades to full service upgrades. The price range below reflects common U. An electrical meter box (or meter socket) houses the utility meter that measures your home's. Typical residential installations or replacements range from $600 – $2,000 (most between $1,000 – $1,400), with 200A-rated and outdoor-weatherproof units positioned at the higher end.