Tax Credit: Upgrade Your Electrical Panel Now!

Most people don’t acknowledge the importance of their electrical panel—until there’s a problem. 

If your electrical panel has been “out of sight, out of mind” for the past 15 years, it’s time to consider a new or improved breaker box.

If you need more of a sign to upgrade your panel now, here it is:

Upgrade Your Electrical Panel Now and Get Up To $600 Back

Ensure the safety and effectiveness of your electrical panel—and save money in the process!

Upgrading your electrical panel now will make you eligible for a tax credit

You can claim a $600 maximum amount credited.

Benefits of Upgrading Your Panel Now

There are plenty of reasons to upgrade your home’s electrical panel—beyond the added bonus of receiving a tax credit.

Don’t let your electrical panel hold back your home modernization efforts. 

An outdated electrical panel can’t keep up with the demands of a modernized home.  

Your new EV charger, generator, or smart home devices require more electricity than a 30 year old breaker box can handle. 

With an upgraded panel you’ll be able to add more appliances and use more electricity without tripping your breaker, blowing fuses, or damaging current appliances.

So you can go ahead with that home renovation project with the confidence your electrical system can handle it.

Say goodbye to power disruptions.

Flickering lights and burnt out appliances are often your electrical system’s way of saying it has reached its limit.

Upgrading will resolve many of these issues, resulting in strong electrical performance for your entire home—and fewer trips to reset the breaker.

Resolve safety issues.

Fire, electrical shocks, electrocution—these can be the result of overloaded circuits, improper wiring, and old and unsafe electrical panels. 

The best way to ensure your home is as safe for everyone inside is to not neglect your electrical panel.

How to Know if Your Panel Needs Updating

  • Your panel is more than 30 years old. If you purchased an older home and have not replaced the breaker box, or if you’ve been living in your home for years without upgrading your panel, chances are it’s time to be replaced.

  • Flickering lights, small shocks, lights that dim when using larger appliances—these are all signs that your panel can’t handle the electrical demand. 

  • There’s a burning smell coming from your electrical panel. This could mean either you have a bad circuit breaker or there’s a disconnected wire. Both can be dangerous and require you call an electrician to diagnose and fix the problem ASAP.

  • You’re making more frequent panel trips. If you’re suddenly finding yourself resetting or flipping your breaker more than normal, there’s a good chance your system is incapable of handling what you’re asking of it.

What To Expect When Upgrading Your Panel

The amount of time your electrical panel upgrade will take, as well as the cost, depends on the current state of your system. 

Having a licensed electrician come out to review your system is the best way to nail down a timeline and cost for the repairs.

The process for upgrading your panel:

  1. NLE inspects your current panel, and helps you choose a new one (if it needs to be replaced).

  2. We work with PECO to figure out timing and secure any permits.

  3. The power will be shut off* in order to replace the panel, wiring, and circuits—per the plan based on the initial system audit.

*Be prepared for your power to be shut off for several hours while the work is being done

The cost of upgrading.

Upgrading your panel can range from $2,000 to $5,000 depending on your current electrical needs, the complexity of the job, and the materials needed.

Remember, upgrading your panel now makes you eligible for a tax credit of up to $600.

Call NLE to Upgrade Your Electrical Panel

An outdated electrical panel holds your home back and causes significant safety concerns. 

NLE electricians are trained to evaluate the current state of your panel and help you make the best decision based on your needs and budget.

Joanne O'Neill