A home’s electrical panel needs to be able to keep up with today’s electricity demands. Adding new appliances or HVAC systems, as well as additional technology and video gadgets can cause demand to exceed the capacity of an older home’s panel.
When this happens, it’s time to consider a Residential Electric Panel Upgrade. There are several benefits to upgrading a residential electrical panel.
Increased Safety
Electrical panels (also known as breaker boxes or fuse boxes) regulate the electricity that enters and runs through your home. When too much demand is placed on a circuit, the breaker can trip to prevent overloading and the subsequent risk of fire.
A new electrical panel can improve your safety by ensuring that there is enough power to run all of your appliances and electronics. This can help eliminate tripped breakers, flickering lights, and other electrical issues that can be dangerous to your family.
A new service panel can also allow you to add a 240V outlet that is needed to operate clothes dryers, electric car chargers and more. Having this additional outlet available can increase the convenience of your home and extend the life of your appliances.
Better Efficiency
In addition to being more energy efficient, a new electrical panel is designed to better channel power where it’s needed within your home. This can save you a significant amount of money on your electric bill each month.
A new electrical panel is also a great way to upgrade the safety and efficiency of your home. If you are considering a major home improvement project like getting a hot tub or installing an HVAC system, it’s a good idea to talk to your electrician about adding an upgrade to your circuit breaker panel as well.
This will improve your home’s energy efficiency and make it safer to use all of your appliances. It’s also a great way to increase the value of your home.
Increased Home Value
If you’re considering listing your home in the near future, a new electrical panel is a great way to add value. It will make your home more appealing to buyers because it can easily handle the electricity demands of their appliances, devices, and lighting fixtures.
An upgraded electrical panel is also more energy efficient, which means it will help lower your utility bills. This can add up to substantial savings over time.
If your circuit breakers are constantly tripping or you have noticed signs of rust on your electrical panel, it’s important to act quickly. These symptoms can indicate a major problem that may lead to fires. Upgrading your electrical panel will prevent this and keep you, your family, and your belongings safe. Contact us to schedule an appointment today.
Reduced Risk of Damage
If your home has old electrical wiring, a new panel will eliminate the risk of smoke coming out of outlets and the risk of overheating wires. It can also help prevent overcharging that can damage electronic devices and appliances.
An electrical panel upgrade can be a great way to eliminate problems such as broken breakers and smoke coming from outlets, which can be dangerous for children or pets. It can also reduce your energy consumption, which could save you money on your utility bills in the long run.
For those who plan to sell their homes in the future, an electrical panel upgrade can provide peace of mind for potential buyers and increase the value of your home. Electrical panel upgrades also often come with a warranty, making them even more attractive to buyers.
Reduced Homeowner’s Insurance
Modern panels come equipped with advanced safety features that reduce the risk of electrical fires and shock. In addition, they’re designed to meet the power demands of today’s technologically-driven homes, optimizing energy usage and reducing utility bills.
Newer panels also feature GFCIs (ground fault circuit interrupters), which protect against electrocution in areas prone to moisture, such as kitchens and bathrooms. They also offer surge protection, protecting devices from voltage spikes that can cause damage.
Upgrading your electrical panel is an investment in the long-term safety and efficiency of your home. It increases your home’s value and can help you save money in the long run by minimizing maintenance costs and future repair expenses. It can even lead to lower homeowner’s insurance premiums, as insurers may view upgraded systems as less of a risk.
