EnergySmart® Revamp Program

Aging Electrical Panels Burning a Hole in Your Profits?

Make it stand out.

  • Increased Capacity

    Today’s tenants use more electricity than ever before, with modern appliances, HVAC systems, and smart home devices requiring greater power. Upgrading electrical panels ensures the building can handle the increased electrical load, preventing circuit overloads and providing reliable power for current and future tenant needs.

  • Enhanced Safety and Code Compliance

    Older electrical systems are often more prone to faults, posing safety risks such as electrical fires, short circuits, or shock hazards. By modernizing the electrical infrastructure, building owners can ensure compliance with current electrical codes and safety standards, reducing the risk of liability while providing a safer living environment for residents.

  • Improved Energy Efficiency and Lower Operational Costs

    Newer electrical systems are designed with energy efficiency in mind. Upgrading outdated panels and wiring can result in reduced energy consumption, lower utility bills, and a more efficient overall system. Additionally, modern electrical systems may support sustainable energy solutions, like solar power, further reducing operating costs and increasing the property's value.

Replace your faulty panel TODAY!

Replacing a faulty panel is essential for ensuring the safety of your home, as these panels are known for their faulty circuit breakers that often fail to trip, leading to overheating and potential fire hazards.

Due to these risks, it is strongly recommended to replace Federal Pacific panels with a modern, reliable electrical panel that meets current safety standards. Hiring a licensed electrician is crucial for this process, as they will safely disconnect the old panel, install the new one, and ensure all connections are secure and up to code.

This upgrade not only improves the safety of your electrical system but also enhances the overall energy efficiency and reliability of your home's power distribution.

Cost-Benefit Analysis for Electrical System Modernization

Explanation of the Analysis:

Initial Costs: This includes the cost of modernizing the electrical systems (energy-efficient appliances, upgraded wiring, smart meters, etc.). The range accounts for different scales of projects, from small businesses to larger commercial setups.

Annual Savings/Profit Gains: The estimated yearly financial benefit comes from reduced energy bills, less downtime, increased productivity, higher property value, and other cost-saving measures.

Timeframe: The cost-benefit analysis is done over a typical period of 5 years, except for one-time gains like property value increases or tax incentives.

Total Savings/Profit: This is the total financial benefit over the chosen timeframe, subtracting the initial investment. In this case, after 5 years, potential profits could range from $130,000 to $435,000, depending on the scale of modernization.

Break-even Period:

The breakeven point for the investment could occur in 2-4 years, depending on the scale of upgrades and the efficiency of the new systems.

Conclusion:

In this example, the upfront costs of $40,000 - $165,000 are outweighed by the long-term financial benefits. Over five years, businesses can see a positive return on investment and enhance profitability by modernizing their electrical systems.