Electric panels are the heart of your electrical system, and they play a vital role in distributing power throughout your home or business. However, like any other mechanical equipment, electric panels can become faulty over time, and when this happens, you may be faced with the dilemma of whether to repair or replace them. To help simplify things, we’ve put together a thorough discussion on this subject. If you’re interested in learning more, read on as we discuss how to determine whether to repair or replace your electric panels.
Signs That Your Electric Panel Needs Attention
Before we delve into whether to repair or replace your electric panel, let’s first look at some signs that indicate that your panel needs attention. Some of these signs include flickering lights, tripping circuit breakers, burning smells, and buzzing sounds. Other signs include corrosion, rust, and melted wires. If you notice any of these signs, it’s essential to call a certified electrician to assess the situation.
Repairing Your Electric Panel
If your electric panel is relatively new and the issue is minor, repairing it may be the best option. A certified electrician can troubleshoot the problem and fix it without having to replace the entire panel. Some of the common repairs that electricians perform include replacing circuit breakers, repairing wires, and fixing loose connections.
When repairing your electric panel, it’s essential to ensure that the electrician uses high-quality parts and materials. Using inferior parts can lead to further problems down the road and may even cause a fire. This is why it’s always wise to work with a reputable electrician who uses certified parts.
Replacing Your Electric Panel
If your electric panel is old, outdated, or has significant issues, replacing it may be the best option. In most cases, electric panels last between 25-40 years, depending on the make and model. If your electric panel is older than 25 years, it’s likely that it’s outdated and may not meet the latest electrical codes. In this case, replacing it may be the best option.
Another reason to replace your electric panel is if you plan to add new appliances or electrical devices to your home or business. If your current electric panel is not equipped to handle the additional load, you may need to upgrade to a new panel.
When replacing your electric panel, it’s essential to ensure that the electrician you work with is licensed, insured, and experienced. Keep in mind that electric panel replacement is a complex process that requires specialized skills and knowledge. The last thing you want is to work with unqualified individuals as they tend to do more harm than good.
The Cost of Repairing vs. Replacing Your Electric Panel
The cost of repairing or replacing your electric panel will depend on several factors, including the extent of the damage, the age of the panel, and the electrician you work with. In general, repairing your electric panel is less expensive than replacing it. A minor repair may cost a few hundred dollars, while a major repair may cost up to $1,500.
On the other hand, replacing your electric panel can cost anywhere between $1,000 to $3,000, depending on the size and complexity of the panel. However, keep in mind that replacing your electric panel may save you money in the long run by preventing future problems and reducing your energy bills.
Conclusion
Determining whether to repair or replace your electric panel can be a challenging decision. By knowing the signs that indicate that your panel needs attention and by understanding the cost of repairing against replacing, you should be able to make the most informed decision possible.
Turner On Services provides top-quality services for electrical panel upgrades. Our professional electricians will ensure your home’s electrical work is safe and up to code for maximum functionality. Call us today at 513-835-5149 to book an appointment!
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