To hire a master electrician for specialty work, expect to spend $150 for the first hour, with an average hourly rate of $100 to $120. Buyers typically pay a range for relays, and cost is driven by relay type, coil voltage, contact rating, and packaging. Assumptions: region, specs, labor hours. Relays. Megger's smart relay testing solutions and expert support help you validate protection performance, improve system reliability, and ensure continuity of power across your network. Get free. How does it work? Many circuits achieve the current conversions that are needed through the use of relays. The conversion occurs when an electrical input activates the relay's electromagnets or other electronic mechanisms to either form a circuit, or break an existing circuit.