Below are the 7 steps we used to quickly, yet accurately and thoroughly label our home's electrical service panel.Let's start with the basics. The electrical panel in your home connects the external wire or wires coming in from the street to the internal wires within your home. Think of it as the distribution point where the main electrical wire comes into your home and then splits off into the various wires that service the various rooms of your house. In oth. Why should you care about where your electrical panel is located? And why do you want the fuses or circuit breakers properly labeled? Two simple reasons: Emergencies and Electrical WorkTaking a little time to understand where the electrical wires are distributed throughout your house will pay off plenty with convenience and might help you out in an emergency. During any kind of emergency, such as a flood or fire, you might need to quickly get to the electric panel and turn off the power. Or if there is a power outage, it helps to. If you have the know-how or motivation to do light work on the electrical system on your house, the first thing you must do is cut the power to that outlet. But first you need to know which breaker coordinates with that outlet. Personally, I'm petrified of electric, But my husband isn't. He understands basic rewiring and can replace outlet. And unt.