Meticulous planning and forward thinking is needed to get the most out of your electrical renovation update.

A mid-range electrical budget usually comes in around $15,000 - $25,000 in New Zealand, varying somewhat in Australia and the United Kingdom.

What you think you need right now in terms of electrics could very well change significantly in 5 to 10 years, so looking into long term investment options would be beneficial.

Thinking about switching to LED lighting should also be a priority, as LEDs can use up to 400% less power then your standard lightbulb. Automation and eco-friendly options are also well worth researching, as some serious long term savings could be made.

If you’re thinking of stretching the budget even further, look into incredible high-end electrical options as well.