Ivan's Electric Ltd - No Longer in Business

I had no power in one room. I diagnosed the problem myself to a burnt receptacle outside on the patio. I called Ivan's Electrical and they were at my house in about an hour. Excellent response time!
He was quick, courteous, and fixed the problem within an hour. I was very happy with the service and was prepared to refer him to friends and family until I saw the bill. WOW! $480. He charged $180. just for showing up. Another $180 to do the work, $100 for parts. All together for one hours work -$480. This job should have been half that. All in all, good work but too much money.