Electricians are in constant demand. If you’re looking to take the leap into self-employment, becoming an electrician can be a great way to work for yourself and boost your earning power.
So what do self-employed electricians in the UK earn, and how do you become one? Read on for our comprehensive guide.
Electricians have a range of responsibilities, and the exact type of work you do will depend on your specialist area. The day-to-day work for a self-employed electrician is likely to include:
According to the National Careers Service, the average salary for a starter electrician is up to around £23,000. Experienced electricians can earn up to £35,000, and highly experienced individuals up to £42,000.
However, you should bear in mind that these figures are for employed electricians. As a self-employed person you’ll be able to set your own rates. It’s important to understand that most self-employed electricians work on a day rate. These can vary quite significantly depending on your specialism or experience, and can range from around £140 per day to £350 per day. For smaller jobs you might charge by the hour – hourly rates range from around £20 up to £50 per hour.
In order to work as a self-employed electrician, you’ll need some qualifications. Electricians are required to have at least a level three electrical or electro-technical qualification. As the Electrotechnical Skills Partnership points out, this must be awarded by either EAL or City and Guilds.
It’s crucial you embark on training that's recognised by the industry. Make sure you check that potential training providers are offering recognised qualifications, and that their staff are all qualified themselves.
Many self-employed electricians start out as Apprentices. An Apprenticeship will result in a level three qualification if properly completed, but securing a level one or two qualification in electrical installation may make it easier for you to secure a place on an Apprenticeship course.
If you’re changing career rather than just starting out, you may have existing skills that can act as a starting point. For example, if you’re a gas installer, you may be able to take shorter courses that instruct you in things like isolation and wiring skills. Again, regardless of the course you take, make sure it’s industry-recognised and at least level three.
As a self-employed electrician you’re likely to carry out work that's required to be ‘notified’ under the Building Regulations – that is, you’ll need to notify the local authority in advance of work taking place. By joining a ‘competentent person scheme’ you can avoid this, and instead self-certify your work through the operator of the scheme. You’ll also be able to issue certificates such as the Electrical Installation Certificate. Different operators have different application processes, but popular schemes include the NICEIC and the NAPIT CPS.
There’s a number of important legal tasks you need to complete when going self-employed, regardless of the profession you’re choosing. First is choosing a legal structure. You’ll probably choose to operate as a sole trader, but in some cases it might make more sense to start a limited company. Both are easy to do. Read more about the differences between a sole trader and a limited company.
You’ll also need to make sure that you register with HMRC. As a self-employed person or a company director, you’ll need to file an annual Self Assessment tax return, or you might choose to find an accountant to help you do this. Remember to budget properly for your tax bill each year, and make sure you don’t forget the payment on account.
Regardless of how many precautions you take, accidents do sometimes happen. For self-employed electricians, a single mistake can be financially crippling. It’s important you consider insurance.
There’s a range of covers you should look at as a self-employed electrician.
Simply Business provides tailored cover specifically for electricians, letting you combine all your different covers into a single policy. Compare electrician insurance quotes today.
Now that you’re all set up, it’s time to find some work. There’s a range of ways in which you might market your services as a self-employed electrician. You could start local, with tactics as simple as advertising in shop windows and local newspapers.
However, you should also consider digital marketing, which is becoming an important opportunity for tradespeople. We’ve compiled a comprehensive guide to online marketing for tradesmen, which includes some practical tips to get you started.
We create this content for general information purposes and it should not be taken as advice. Always take professional advice. Read our full disclaimer
6 July 2016 • 5-minute read
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