Electrical panel replacement vs. repair…what is the right option when something goes wrong with your panel? Here’s what to consider when making this choice.
What’s the Right Choice?
When it comes to problems coming from your electrical panel, there are two options for you to choose from – repairing it or replacing it. Here’s a little more info on each option to help you figure out which is the best choice for you and your home.
Electrical Panel Repair
Repairing your electrical panel might be the best choice if the problem is minor or localized. For example, addressing faulty wiring segments or replacing a broken breaker may be what you need to restore your panel’s functionality. Repairs can be done quickly, at a lower cost, and in a way that causes minimal disruptions. Just remember – electrical panel repair has its limitations. If your problems with your panel are continuous or complex, it may be more cost-effective to put that money towards a panel replacement instead.
Electrical Panel Replacement
There are instances where an electrical panel replacement is the better choice. If you have an outdated panel or you’re dealing with insufficient amperage, then a replacement is the right option for you to go with. In these cases, repairs will be impractical at best or unsafe at worst. While the costs may be higher than paying for a repair, a replacement will bring long-term safety as well as the ability to support all your electrical appliances, especially in an age where the demand for new tech grows.
While you may be deciding on whether an electrical panel repair or upgrade is right for you, there are signs you need to watch out for that will show you need a new panel right away. Ignoring these signs could potentially expose you to electrical dangers, including electrical fires. Here are the signs to watch out for:
- Your circuit breakers constantly flip
- Melted electrical wires
- You hear buzzing or crackling coming from outlets
- A burning smell coming from the panel
- The panel is warm or hot to the touch
- There are burn marks on your panel
What to Consider When Making Your Decision
Still not quite sure which is right for you? There are several key factors that come into play that can help you make your decision. Here are the factors you should weigh.
Age of Your Panel
While older items, like family heirlooms, have their charm, electrical panels unfortunately don’t fall into this category. Electrical panels have a life span of approximately 25 years, and older panels might not meet today’s safety standards. What was safe and efficient a couple of decades ago might now be considered inadequate or even risky. Plus, age brings wear and tear, meaning your panel will be prone to faults and become less efficient. If you have an older panel, a new install may be what you and your home need. Got a newer panel? Repairs are likely the way to go.
Severity of Problem
How severe are the problems you’re dealing with? Smaller issues usually mean repairs are the right and most cost-effective choice. Widespread problems that are affecting multiple components mean a replacement might be the more cost-effective choice in the long run.
Your Electrical Needs
If you plan to add new appliances or undertake home renovations, you’ll need a panel that can handle increased demands. Evaluate if your current panel can support your future needs. If not, a replacement will help support your growing electrical demands.
Your Budget
Of course, your budget is always an essential factor to consider. But keep in mind – constant repairs are not as budget-friendly as you think.
The upfront cost to upgrade your panel may be more, but it will also bring along long-term benefits and safety assurances. New panels are also often more energy-efficient, which can lead to savings on your electricity bill.
What the Professionals Have to Say
At the end of the day, an electrician can help guide you in the right direction. They will be able to thoroughly examine your electrical panel, evaluate the safety of it, and help you weigh the pros and cons of repair vs. replacement based on what your panel is looking like. Their expertise is indispensable, so if you need help, call up your local residential electrician, and they’ll be happy to give you a hand!
Speck Family Electric is Here for Your Home’s Electrical Panel
An electrical panel is the heart of your home’s electrical system, so it’s crucial it stays in good shape. Whether you decide to do an electrical panel replacement or just get some repairs will depend on different factors. No matter what you choose, Speck Family Electric is ready to lend a hand.
We can repair damage, replace your panel, or help you decide which is the most cost-effective option. We’re also always here to give you a hand with your other electrical needs. Whether it’s electrical repairs, lighting installation, or a whole house surge protector, we promise to complete the job with your safety and the safety of your home in mind. After all, our experienced team takes pride in performing reliable services and getting each job done safely and efficiently. We service those in Sparta, Spencer, Smithville, Pikeville, McMinnville, Lebanon, Crossville, Cookeville, and Baxter.
