Posted by Bud Branstetter on December 28, 2000 at 24:24:26:
Many investor overlook the electrical service. The idea of a 100 Ampere service is that the total of all circuits does not exceed 100A. If you have central air you will need 100A service.
Two problems may exists. One is the size of the wire coming from the pole to the house. In the old 60A service senarios it is #6 wire and will need to be changed out by the power company. The good thing is that they don’t charge for that. The bad thing is the breaker box will have to match and they may check to see if the replacement was permited. Things need to be done to code and 100A may not be to code.
The other problem is when a house is red tagged by code compliance. The inside wiring has to be updated then. That means grounded outlets and outlets on each wall to code. That is when you have to start opening the wall and running new cable. A new electric service is in the $1000 range. Add a couple more if you have to rewire everything. Then add the work to put sheetrock back.
How’s that for your electric rehab lesson #1.