Seeking opinions of others here?? We live in central NC rural area and my dad just told me he spent $1600 to have a new well pump installed (he lives just couple miles from me in same area) - heres the thing to my dad is currently working out of town and his wife told him about this by phone and he paid for it. My first response to him was that seemed extremely high$$!!! I told him if it were me I would want to see a receipt and his answer was that it's 500 feet deep and that they had to replace all the wiring also - again to that I stated I would want to see the receipt (meaning he should want to see what he paid for).
I said without even researching this that my guess would be 300-400 for a new pump and maybe 100-150 for wire plus maybe 300 labor for a grand total of maybe $800-900 tops. What say everyone on this site please???
My gut feeling is 1600 isn’t too bad. Copper wire is out of sight right now, can’t even guess. A 2 hp Myers pump is around 500.00. 500 feet of black plastic well tubing is around 200. if they keep the stainless steel cable they can save a few dollars. If they don’t have a stainless steel cable they should.
These are rough prices in my area and they change weekly.
I do my own here haven't wore out a wire yet Last one was 350 got a spare one horse lying around someplace . Here unless i was standing at the well i would not trust most well Co's .Lots of money in rip off's now days .
You can buy a jet pump for $500 or maybe less but a 2 hp submersible with a control box will cost you $1000 or more the wire for it will cost you $200 and any pipe will cost you more. So $1600 is a reasonable amount for a submersible installed.
God must have loved stupid people because he made so many of them.
I helped my dad replace his pump in a 50 foot well. Cost for a new pump and materials was about $350 at the time. This was many years ago...maybe 8 years or so?
Dad called some well service guys, and found that the price would have run $1,000 to $1,200 on a Saturday. He is still waiting for any of them to call him back....since no one would even return a call to schedule a repair time, we did it ourselves.
With gas being $4 a gallon, I think $1600 is a pretty good deal for 500 feet.