When your business grows and the demands on your energy systems increase, your panel may no longer be able to handle the load. In addition to increasing the efficiency and safety of your electrical system, an upgrade can also help you save money on your electric bills. Plus, it will add value to your home as well!
Reduce Risk Of Fire
Electrical fires are one of the most common causes of property loss and damage to both residential and commercial properties. This is why it is important to take preventative measures that reduce the likelihood of an electrical fire occurring in your building. Overloaded circuits, poor connections, and degraded wiring insulation all can contribute to a fire in your electrical panel. Fortunately, these problems can be easily addressed by having your service panel upgraded or replaced.
Save Money On Energy Bills
An old, inefficient electrical panel can lead to a huge increase in your energy bills. This can be especially true if you have multiple appliances or devices that use power. An outdated panel can also cause circuits to overload and breakers to trip, causing expensive equipment to be damaged or destroyed. This is because older electrical panels are typically designed for 60-amp current, which is not enough to supply the energy needs of modern appliances and devices. For example, AC units, water heaters, and washer and dryer combos all require a 240V circuit.
Increase Efficiency
An electrical panel is a metal box where all the breaker switches for your building are located. It usually has single circuit breakers in two columns, as well as a main switch above them that controls the power for the entire structure. The main purpose of the electrical panel is to regulate electricity and prevent it from overpowering circuits. If too much electricity is demanded, a breaker within the panel will be tripped to keep your home and its occupants safe.
Increase Resale Value
The electrical panel is a major component of any home’s infrastructure. Having a well-maintained system will save you money in the long run and increase the longevity of your fixtures. The right upgrade can also add some serious zing to your property. A shiny new panel will attract potential buyers with its high-tech look and feel. A new panel can also lower your utility bills and improve the ambiance of your office or showroom. A properly sized and installed panel will save you money in the short term and keep you and your customers happy for years to come.
If your business is undergoing renovations or expansion, an electrical panel upgrade can help you avoid the hassle of constantly having to add circuit breakers. Upgrading your panel will also increase safety standards, so employees won’t be as susceptible to electrical fires or shocks. Upgrading your electrical panel is also an investment in your property’s future and it will certainly pay off in the long run. If you’re planning to expand your facility, contact a certified commercial electrician at Box Electric Company today for an estimate!