Yes, electrical panels can be relocated. They can be physically moved from one location to another by disconnecting the wiring, removing the panel, and reinstalling it in the desired new position. This process should be carried out by a licensed electrician to ensure safety and. . Moving an electrical box, whether it is an outlet, switch, or junction box, is a common necessity during home renovation projects. Moving an electrical panel can cost $1600 to $4000 or more. . Relocating an electrical panel is a substantial home improvement project that can vastly improve the safety, functionality, and compliance of your electrical system. Many homeowners consider moving their breaker box for reasons such as home renovations, converting unfinished spaces, or addressing. . Whether or not you've considered relocating the electrical panel or breaker box for your home or office, it may be something you need to have done.