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To install an outlet from existing wiring, you’ll need to choose a location where you can already access existing wiring. The easiest way to do this is to install an outlet on the other side of the wall of an existing outlet. 

Since the wiring is already in place, all you have to do is connect a new cable to the existing wiring and then connect the correct wires through the wall—to the new electrical outlet. Place your new outlet into the opening in the wall and then connect the correct wires to the appropriate terminal screws.

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.

Common signs of faulty electrical wiring include frequent circuit breaker trips, flickering or dimming lights, burning smells near an outlet, buzzing or humming sounds, electrical shocks or tingles when handling outlets of appliances, and hot or discolored outlet switches. If you notice one or more of these signs, hire a licensed electrician for an average cost of $50 to $100 per hour to diagnose and make necessary repairs.

The color of your cable will help you to identify its function. In the U.S., the National Electrical Code (NEC) designates the color code for electrical cables. “Hot” cables are black, red, and blue. In cases of higher voltage lines, orange might also be used to indicate a hot cable. White or gray indicates a neutral, and green or green with a yellow stripe indicates a ground.