Electrical panels are arguably subject to more use than any other item in a house. Daytime or evening, something electrical is probably running.
Sometimes it can be easy to decide you need a new panel, especially if you live in an older house that wasn’t designed to carry the electrical load of modern life. Safety is always a primary consideration. However, replacing an electrical panel is expensive and not always necessary.
How Do I Know if I Need a New Panel?
Several factors can indicate the need for a new panel. You should ask yourself the following questions.
- Do your lights flicker frequently?
- Does a circuit breaker trip frequently?
- Can you see corrosion or rust on the panel?
- Do you need several power strips to accommodate electrical devices?
- Does it sometimes smell like something electrical is burning?
If the answer to one or more of the above questions is yes, especially if you live in an older home, then you may need a panel upgrade.
What Are the Benefits of an Electrical Panel Upgrade?
Increased safety is always a benefit to a new electrical panel. You’ll also be able to run more devices and appliances simultaneously. If you have an electric vehicle, a home office, or a tankless water heater, panel load can be important.
You may also see a reduction in your monthly electric bill. Some insurance companies offer rate reductions for new panels, and you may qualify for tax rebates, too. A new panel can even increase your home’s value and make it more attractive to buyers.
Are There Drawbacks to an Electrical Panel Upgrade?
An electrical panel upgrade is expensive and can cost as much as several thousand dollars. The work must be performed by a licensed professional, and it must be permitted and inspected by the local building authorities. You’ll also be without power for several hours or possibly days if something unforeseen occurs.
Should I Upgrade?
If your current panel is working well, you may not need an upgrade. Unless you’re planning a major addition to your home or you intend to install an EV charger, you may not need a new panel. An electrician is the best person to ask about the current state of your electrical panel.
Need a Second Opinion?
If you’re considering replacing your current electrical panel but not sure whether you need to, then a professional electrician is your best source of information. If you live in the Eugene, OR area and need electrical panel services, then Excel Electric should be your first call. We’ve served the Eugene, OR area since 1980 and earned a reputation for being one of the best in the area. We’re family-owned and -operated, and we’re sure you’ll be pleased with the service you receive.