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It can be safe to buy or live in a house with knob and tube (K&T) wiring, but only if the system is in good condition, functional, and has been thoroughly inspected and approved by a licensed electrician. Never purchase a home with K&T wiring without getting a professional electrical inspection first.

Key considerations include:

• Safety and Condition: An inspector will verify that the wiring is safe and has not deteriorated. Over time, the insulation can wear away, leaving exposed wires that pose a significant fire or shock hazard.

• System Capacity: The electrical service should be at least 60 amps. However, even at this capacity, K&T systems often struggle to handle the demands of modern appliances and electronics.

• Lack of Grounding: Knob and tube wiring is an ungrounded system, which is a safety concern for many modern devices.

• Ongoing Maintenance: If you live in a home with K&T wiring, it's recommended to have it inspected by an electrician every one to two years to ensure it remains in safe working order.

Ultimately, any inspection or modification of a knob and tube system should always be performed by a certified professional.

Most standard residential water heaters, which are typically around 40 gallons and use 240 volts and between 3,500 and 5,500 watts, require a 30-amp, two-pole circuit breaker. For smaller, point-of-use water heaters using 120 volts and between 1,500 and 3,000 watts, a 30-amp breaker is also often adequate. However, some models may have different needs; units that use more watts than average may require a 40-amp breaker, while smaller units might only need a 20-amp breaker. Newer, tankless, or more energy-efficient models can also require a higher amperage. Having the correct breaker size is crucial for safe and efficient operation, so it's best to consult a licensed electrician to determine the specific needs of your water heater.

Some types of electric fireplaces use more electricity than others. Models that produce 1,500 watts will have more of an effect on your heating bill than 750-watt models. 

Electric fireplaces use an average of $1.85 of electricity every eight hours. These minimal operational costs aren’t likely to make a big difference in your electric bill—unless you’re using it as a primary heating source for your home and it’s running most of the time.

Typically, a local home energy auditor is responsible for performing energy audits. A home energy auditor will conduct one of three energy audits designed by the American Society of Heating, Refrigerating, and Air-Conditioning Engineers (ASHRAE) to determine the energy efficiency of your home. The auditor often provides analysis that can help guide changes and improvements to your home for better energy efficiency, giving recommendations as necessary.