Why You Should Upgrade Your Business’s Electric Panel

Electrical,room,with,multiple,smart,meters,,cabinets,,wiring,and,fireWhy You Should Upgrade Your Business’s Electric Panel

The electric panel, also known as the breaker box, is the heart of the electrical system in your business. It’s responsible for distributing power to all the areas and appliances in your building. If your electric panel is outdated and inadequate, it can lead to a range of issues, including electrical fires, power outages, and expensive repair costs.

Here are some of the reasons why you should consider upgrading your business’s electric panel:

1. Safety

The safety of your employees, customers, and business property should be a top priority. An outdated electric panel can be dangerous as it may not be equipped to handle the increased power demands of modern appliances and equipment. This can lead to electrical fires, which could put the safety of everyone in the building at risk.

Upgrading your electric panel ensures that it’s up to code and designed to handle the electrical needs of your business. This not only keeps everyone safe but also reduces the risk of costly repairs due to electrical damage.

2. Increased Capacity

As your business grows and changes, so do your power needs. Once upon a time, your electric panel may have been suitable for your business’s electrical needs. However, as you acquire more equipment and appliances, you may find that your current electric panel is struggling to keep up with the increased electrical demand.

Upgrading your electric panel gives you the capacity you need to meet the growing demands of your business. This means you can add more electrical outlets, install new equipment, and create a more efficient workplace without overloading the system.

3. Improved Energy Efficiency

Older electric panels aren’t designed for energy efficiency, meaning they often waste electricity. This can happen in many ways, such as energy escaping through the electrical wiring or appliances and equipment that aren’t energy-efficient.

An upgraded electric panel comes with modern features and technologies that can save you energy and improve the efficiency of your business. For instance, your electrician may suggest using LED lighting. Not only does this type of lighting consume very little energy, but it also lasts much longer than traditional bulbs.

4. Cost Savings

When you upgrade your electric panel, you’re investing in your business’s future. At first, it may seem like an expensive investment, but it can generate significant cost savings over the long term. For instance, an upgraded electric panel can lower your energy bills, reduce maintenance costs, and prevent costly repairs.

Additionally, older electric panels can limit what types of equipment your business can run. Your business may be spending money on outdated and inefficient equipment just because the panel can’t handle newer equipment. Upgrading your electric panel can open up the opportunity to purchase newer equipment that’s more energy-efficient and cost-effective.

5. Compliance with Regulations

Electrical regulations and codes are continuously updated to improve electrical safety and energy efficiency. Therefore, many older electric panels may not comply with current regulations. If your electric panel doesn’t meet the latest standards, your business could be at risk of legal action, fines, and even closure.

An electrician can evaluate your current electric panel and advise you if it meets the latest codes and requirements. If not, they can upgrade the electric panel to bring it up to compliance.

Final Thoughts

Upgrading your business’s electric panel is crucial for safety, energy efficiency, and cost savings. An outdated electric panel can be dangerous, inefficient, and costly in the long run. By upgrading your electric panel, you improve your business’s electrical capacity, energy efficiency, safety, and compliance with regulations. Therefore, speak to a professional electrician today to evaluate your electric panel and determine the best upgrade options for your business.