How Electrical Inspections Save You Money in the Long Run

If you’re a business or landlord, scheduling regular electrical inspections isn’t just about fixing issues; it's also about following code and regulations. Avoiding fines is just as good as saving money, right?

In this brief article brought to you by Mr. Electric, we want to brainstorm the many ways electrical inspections can actually save money in the long run - and even in the short-term. If you'd rather speak with a member of our team instead, then feel free to call Mr. Electric and get in touch!

Catching Small Problems Before They Become Big Ones

Electrical systems are that: systems. They're a network of dozens of yards of wiring along with countless other components that keep electricity running. An issue in one area is surely to affect other areas.

Maybe you have a loose wire behind the wall, an overloaded circuit, or a worn-out outlet. These might not seem like a big deal - until they lead to something serious... like a power outage, fried appliances, or even a fire.

An electrical inspection can uncover those small problems early and allow you to fix them for a fraction of what a full-blown electrical repair service would cost.

Avoiding Emergency Repair Costs

No one likes calling for help at 9 PM because half the house lost power. Plus, let’s face it: emergency repairs come at a premium. When your electrical system suddenly fails, you end up dealing with a costly headache. Those disruptions can be especially costly if you run a business and have to shut down for some time.

By having an inspection done ahead of time, you lower your risk of dealing with electrical emergencies. A trained electrician can spot aging wiring, overloaded panels, or outdated equipment before they fail. This way, you’ll have the chance to fix these issues on your schedule and NOT in the middle of a storm or family dinner.

Lowering Your Monthly Energy Bills

Did you know that faulty wiring or outdated components can waste electricity even when everything “seems” to be working fine? Loose connections, leaky circuits, and inefficient fixtures can all drive up your power bill without you realizing it.

During an electrical inspection, a professional can test for things like “phantom loads,” voltage drops, or power leaks that are slowly costing you money. That's going to give you a little monthly allowance to spend on other things, or even cover next year's electrical inspection!

Keeping Your Home Insurance Costs Down

Many insurance companies offer discounts or better rates for homes that are up to code and have recently passed inspections. On the flip side, your premiums can go up if your home is considered a higher risk because of outdated wiring or a lack of proper safety features.

By staying ahead of issues with electrical inspections, you show your insurance provider that your home is safe and well-maintained. You might be surprised with how much your monthly insurance costs go down.

Avoiding Code Violations and Fines

If you’re planning to sell your home, rent it out, or remodel, then your electrical system will likely be inspected anyway. If the prospective homebuyer or tenant finds issues at that point, then they’ll need to be corrected before you can move forward - and usually under a tight deadline.

Instead of scrambling (and overspending) when a problem gets flagged, it’s much smarter to get ahead of the game. A preemptive electrical inspection gives you the power to fix things on your terms, which almost always costs less.

Leave it to a Certified Electrician

A certified electrician in Holladay has received education, undergone training, and shown that they fully grasp electrical systems and associated codes, standards, and regulations. If you're going to trust someone to inspect and investigate your electrical system, then make sure it's a uniformed professional from a licensed and insured company - like Mr. Electric.

Mr. Electric is an established business with decades of industry experience. Call or message us at any time of the day if you have questions or concerns, or to schedule an appointment.