re: Labor Only Electrician

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Lol, no it won’t. Not close.

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Materials + time = profit

I'm going to make my 'parts mark up' profit one way or another. It's just going to be on the labor instead of materials.
No man off the street is getting a better price on materials than any reputable contractor. Only a fool would do a job for cheaper (less profit per job) just because the client bought parts.