The Advantages of Replacing Your Electric Panel

August 4, 2022

Most homes have their electric panel hidden away in places people rarely look – like the laundry cupboard or basement. When your electric panel is out of sight, it’s often out of mind. 

This means that many homeowners only start paying attention to their electric panels when there’s an issue. The problem with this is that neglecting to replace your electric panel can be dangerous. 

Another deterrent to avoiding replacing your panel may be the cost. However, the cost is worth it when you consider that replacing it means that your house is less likely to burn down. 

Here are the main benefits of replacing your electric panel before it becomes a serious problem. 

More Consistent Power

Older, outdated electric panels were simply not designed to provide enough consistent power for modern devices and appliances. If your electric panel can’t supply the power you need, it can overload the circuits. This means you’ll have to deal with constant circuit breaker trips. If you have to replace your affordable federal pacific breakers often, chances are you need to replace your electric panel.  

Instead of guessing if your appliances and devices are too much for your old panel to handle, you can be sure that an upgraded or replaced panel can meet your power supply demands.

Increased Safety

The main advantage of replacing your electric panel is the extra safety it provides. If any of your panel’s components fail or malfunction, there is a risk of it causing an electrical fire and destroying everything you own or at least severely damaging your surroundings. People who neglect taking care of this, run the risk of it happening to them when they least expect it. This is why, when it comes to replacing your electrical panel, you opt for a safe and reliable panel replacement service as it is crucial to minimise these risks.

Generally, electric panels have a lifespan of 25-40 years. If you have an older home, chances are it desperately needs an electric panel replacement. 

Think of it this way: even if your homeowner’s insurance covers electrical fires, you could lose priceless or sentimental items and even put your life at risk if your home catches fire. It’s simply not worth the risk. 

Add Extra Circuits

Many older electric panels weren’t designed to accommodate extra dedicated circuits – meaning that you won’t have enough electricity to power your electronics and appliances. 

When you replace your electric panel with a newer one, you can add more circuits to meet your increased power needs.  

Save Money and Add Value to Your Home

Upgrading to a 200 amp electric panel may seem costly, but it will save you money on electricity bills in the long run because it will power your home more efficiently. 

Replacing your old electric panel will also add a substantial amount to the value of your home because it’s a popular selling point among potential buyers. If you plan to sell your home within the next few years, replacing your electric panel is an excellent way to show potential buyers that you’ve looked after your home and kept it safe and up-to-date. 

Final Words

Some signs that you need an electric panel replacement include odd sounds and smells coming from your electrical outlets. If you hear buzzing, crackling, or sizzling sounds and notice a burning smell coming from your electrical system, don’t ignore it.

These signs indicate that something has melted or burned where you can’t see it, so call an electrician immediately to reduce the risk of a fire.  

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