The cost to replace wire from a meter to a breaker box is about $225 to $500, including the cost of new wires and professional installation. The cost of replacement wires varies from $1. 50 to $15 per foot for just the wiring, not including labor. Homeowners typically pay a broad range for replacing electrical wiring, driven by house size, wiring type, and the complexity of upgrades. This article provides practical price ranges in. Others have metallic insulation materials like aluminum or copper wiring that may actually increase the chances of electrical shock or fire.