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Yes, you can put a GFCI outlet in almost any electrical outlet location. As long as the outlet is wired correctly back to a circuit breaker, you can likely replace the existing outlet with a GFCI outlet.

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.

A weatherhead, the meter base, the breaker box, and a meter panel are all vital components of a working meter riser. If one part of the system is faulty, it could damage other parts, so consider having an electrician inspect the entire unit. The cost to replace the meter panel alone may cost $500 to $1,000, so consider this in your budget for replacing the meter riser.

Leaving lights on raises the electric bill, but not as much as having high-wattage light bulbs. The best way to save on electric costs is to swap your light bulbs to LED or CFL bulbs that use far fewer watts. You can also use smart lights and light switches to control usage via a smartphone or voice-controlled device.