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.
Is your home equipped with obsolete knob and tube wiring? Uh-oh. You'd better plan on getting it replaced with a safer, more modern electrical system. The cost to replace knob and tube wiring is typically somewhere between $5,000 and $9,000+ for a 2-story home, and will increase about $2,000 for each additional story.