Half of this amount is paid to the songwriter's music publisher. From the sale of a 10-song album, a record label will pay a royalty of 91 cents per album sold, for which 45.5 cents is paid to the songwriter. Co-writers on an album split the 45.5 cents between them.
The average cost to hire an electrician to install an electrical panel and wiring is $1,175. Most homeowners pay between $960 and $1,395 to have this type of work completed, with a general maximum of around $2,220.
In older homes, even changing an outlet can quickly require a major electrical overhaul. Updating the electrical wiring in a house is not the way most homeowners want to spend their remodeling budget. Rewiring an entire house can range anywhere from $3,000 to $12,000.