8 Benefits Of Upgrading Your Electrical Panel

Blog author image
Mark Jardine
June 19, 2024
Blog post image
Are you experiencing flickering lights, tripping circuit breakers, or outdated electrical panels in your home or business? Upgrading your electrical panel provides numerous benefits that go beyond just solving these problems. With technological advancements and energy efficiency, electrical panel upgrade improves your property's safety, functionality, and overall value.
In this blog post, we'll explore 8 benefits of upgrading your electrical panel and why it might be time to consider this investment.

What is an electrical panel?

The electrical panel is the primary control center for the electrical system in a building and is also referred to as a circuit breaker panel or fuse box. It distributes electricity to all the circuits in the building and serves as a safety mechanism to prevent electrical overloads and fires. The panel contains circuit breakers or fuses that can be tripped or blown in case of an overload or short circuit, cutting off the electricity to the affected circuit.

8 Benefits Of An Electrical Panel Upgrade

  • Increased Safety
An outdated or overloaded electrical panel can pose a serious safety risk to your home and family. These panels are typically designed to handle a specific amount of electrical load, and if they become overloaded, they can overheat, melt, and even catch fire. This is especially concerning if your home has older wiring or appliances, as these increase the load on the panel.
By upgrading, you can ensure that it is able to handle the electrical demands of your home safely and reduce the risk of dangerous electrical hazards. Newer panels have advanced safety features like ground fault circuit interrupters (GFCIs) and arc fault circuit interrupters (AFCIs) that can detect and prevent electrical faults, keeping you safe.
  • More Power
A panel upgrade gives your home more power, allowing you to run more appliances and electronics at once without worrying about tripping your circuits. This could be particularly useful if you've recently added new appliances that require a lot of power, such as air conditioning units, electric cars, or home theaters.
By upgrading your panel, you make sure that you have the capacity to meet the demands of your household while avoiding the inconvenience of tripped circuits and potential hazards. Additionally, having more power available also increases your home's resale value.
  • Improved Energy Efficiency
An outdated panel may not be designed to handle modern energy demands, resulting in energy inefficiencies. Upgrading to a newer panel with better technology helps reduce energy waste, which in turn reduces your electricity bills.
For example, a new panel can prevent appliances from running inefficiently, which not only wastes energy but also shortens the lifespan of your appliances. Furthermore, newer panels can have advanced features like load monitoring, which allows you to track and optimize your energy usage, making your home more energy-efficient overall.
  • Compliance with Building Codes
Building codes and safety standards are put in place to ensure the safety of occupants in buildings. A new electrical panel will meet current standards and regulations, which will assure you that it is up to code.
In addition, an upgraded panel prevents potential legal consequences that may arise from non-compliance with building codes and regulations. By hiring a licensed electrician to perform the upgrade, you could be confident that your electrical system meets all the necessary requirements and is safe for you and your family.
  • Reliable Electrical System
Upgrading your panel also provides you with a reliable system that you can depend on. An outdated or damaged panel may experience power outages, flickering lights, or other disruptions that could be frustrating and even dangerous. By upgrading it, you can ensure a more stable and consistent flow of electricity throughout your home.
Moreover, an improved electrical system can enhance the appeal and value of your home for potential buyers, making it a significant selling point. This results in a higher return on your investment by boosting the resale value of your property.
  • Home Value
When it comes to selling a home, having an upgraded electrical system can significantly impact your home's value. Buyers are often looking for homes that are move-in ready and have modern features, including an upgraded panel. This makes your home stand out in a competitive market and attract more potential buyers.
Additionally, having a newer electrical system can give buyers peace of mind, as they won't have to worry about costly upgrades or safety issues in the near future. Investing in upgrading your home's electrical system can be a wise decision as it can enhance its value and attractiveness.
  • Easy to Use
An upgraded panel provides a more user-friendly experience, with clearly labeled circuit breakers and switches that are easy to access and use. This can be especially beneficial in emergency situations where quick access to the electrical system is essential.
Additionally, modern panels may include advanced features such as digital displays or remote control options that make managing your home's electrical system even more convenient. By upgrading your panel, you ensure that your electrical system is not only safe and efficient but also easy to use and manage.
  • Cost Savings
Investing in a panel upgrade may seem like a big expense initially, but it can actually be a cost-effective decision in the long term. A new panel can prevent costly repairs, prevent issues that can lead to costly damage, and even improve energy efficiency, lowering your monthly energy bills. With an upgraded panel, you can feel confident that your home's electrical system is secure, efficient, and reliable while enjoying savings.

Call Home Alliance Today To Get Started!

Ready to upgrade your electrical panel and enjoy its many benefits? Contact Home Alliance now for a thorough evaluation of your electrical system and expert recommendations for ensuring its safety, reliability, and efficiency. Our licensed electricians are ready to provide any necessary electrical services. Book your service appointment today to upgrade your home's electrical panel!