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    Finance

    Billable Hours

    Definition

    Billable hours are the portion of a technician's paid time that is actually invoiced to customers as productive service work.

    What Billable Hours Means for Your Business

    What it means

    A tech's day includes drive time, shop time, breaks, training, and the hours actually spent doing revenue-generating work for a customer. Only the last category counts as billable.

    Why it matters

    Billable hours are the raw material of field service revenue. Two techs on identical pay can generate wildly different revenue based on billable hours alone. This metric drives pricing, capacity planning, and tech-level performance.

    How contractors use it

    Payroll captures total paid hours. Work orders capture billable hours. The ratio becomes technician utilization rate. Managers drive billable hours up by cutting drive time, shop visits, and idle time.

    Real-World Example

    A plumbing shop ran techs at 24 billable hours out of a 40-hour week, 60% utilization. Lifting billable hours to 30 per week per tech, across 8 techs, added 2,496 billable hours per year at $125 each, or $312,000.

    Put This Into Practice with Free Software

    Kaldr Tech handles billable hours and everything else you need to run your shop. $0/month, 3.5% + 30¢ per transaction.