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The Importance of an Electrical Panel Upgrade

The Importance of an Electrical Panel Upgrade October 2023

In today’s fast-paced world, our technology and electrical appliances have become an integral part of our daily lives, so ensuring a safe and efficient electrical system is crucial. One often overlooked aspect of maintaining a reliable electrical system is the electrical panel. In this blog post, we will explore the crucial importance of an electrical panel upgrade. From enhancing safety to accommodating increased electrical demands, there are several unquestionably important reasons to make this important upgrade. 

1. ENHANCED SAFETY 

Electrical panels, also known as breaker boxes or distribution boards, are your electrical system’s nerve center. Over time, these panels can become outdated and prone to various issues, including loose connections, circuit overloads, and corrosion. These problems can lead to electrical fires and other hazards. 

Upgrading your electrical panel to a modern, code-compliant one with advanced safety features can significantly reduce the risk of electrical accidents. This increased safety can provide peace of mind for you and your family or employees. 

2. IMPROVED ELECTRICAL CAPACITY 

As technology advances, our reliance on electrical devices continues to grow. Older electrical panels may struggle to keep up with the increased demand for power. Some particularly common signs of an overloaded panel include frequently tripped breakers, flickering lights, and appliances that don’t function correctly. These issues can be frustrating and potentially dangerous. 

By upgrading your electrical panel, you can increase its electrical capacity to meet modern and upcoming demands. This means you can power more devices simultaneously without experiencing disruptions or safety concerns. Whether you’re adding new appliances, expanding your home, or running a business with complex electrical needs, an upgraded panel can provide the necessary electrical capacity. 

3. ENERGY EFFICIENCY 

Omaha’s homeowners and business owners must deal with ever-escalating energy costs, and old, inefficient panels can lead to wasted energy and higher utility bills. However, upgrading to a newer, more energy-efficient panel can help you reduce your electricity consumption and lower your monthly costs. 

Modern smart panels often incorporate features like energy monitoring and smart technology, allowing you to effectively track and manage your energy usage. These technologies also incorporate remote access so you can control your smart panel from afar. This not only benefits your wallet but also contributes to a greener, more sustainable environment. 

4. COMPLIANCE WITH ELECTRICAL CODES 

Over time, electrical codes and regulations have evolved to address many emerging safety concerns and technological advancements. So, if your electrical panel is outdated, it may not comply with current electrical codes. 

Upgrading your electrical panel can bring your system up to code and ensure it meets the latest performance standards. This upgrade is especially important if you plan to sell your home or business, as non-compliance can lead to a delayed or costly property sale. 

5. HOME VALUE AND RESALE POTENTIAL 

A new electrical panel can also have a significant impact on your home’s value and resale potential. In Omaha’s competitive real estate market, prospective buyers are increasingly concerned about their new property’s safety and efficiency. 

A smart panel sends a positive signal to potential buyers, assuring them that the property is up to date with safety standards. This can make your home more attractive and potentially lead to a faster sale and higher price. 

6. FUTURE-PROOFING YOUR ELECTRICAL SYSTEM 

In an era of rapidly advancing technology, future-proofing your electrical system is a smart move. Our new devices and appliances are constantly evolving, often requiring more power from a sophisticated electrical infrastructure. By upgrading your electrical panel, you ensure that your system is equipped to handle tomorrow’s electrical demands. Whether it’s electric vehicles, smart home devices, or new energy-saving technologies, an upgraded electrical panel provides the flexibility to accommodate our future. 

7. INSURANCE PREMIUM SAVINGS 

Finally, many insurers factor your home’s electrical system, specifically its safety and condition, into your premiums. So, an outdated or subpar electrical panel could result in higher insurance costs. By upgrading your electrical panel to a smart one and meeting current safety standards, you may be eligible for reduced insurance premiums. Many insurers view these upgrades as a proactive step towards mitigating potential risks, translating into lower monthly insurance costs. 

CHOOSING A SMART ELECTRICAL PANEL UPGRADE

An electrical panel upgrade is not just a luxury, but a necessity in today’s ever-changing landscape. This enhancement enhances your property’s safety, improves electrical capacity, promotes energy efficiency, and ensures compliance with electrical codes. Don’t wait until electrical issues arise – take proactive steps to upgrade your electrical panel and enjoy the benefits of a safer, more reliable electrical system. 

Whether you’re a homeowner looking to protect your family or a business owner aiming to maintain operational efficiency, we’ve got you covered! Our skilled, all-service team is proud to solve the Omaha & Council Bluffs metro’s residential and commercial electrical needs. Get started on your next project today and request a visit from one of our technicians. We look forward to meeting with you!