As a rule of thumb, electric panels need replacing every 25-40 years, so if your home is that age, there’s a likelihood that you will need to upgrade. However, there are other key signs to look out for that will tell you when your existing system is becoming outdated.
 
When it comes to electricity and wiring within a home, safety is paramount. Faulty wiring is one of the leading causes of fires in American homes. Generally, the older wiring is, the more likely it is to be faulty, but having your electric panel inspected regularly by a professional electrician will identify any issues.