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The key difference between a circuit breaker versus a surge protector is that circuit breakers shield your entire electrical system from overcurrents and faults, while surge protectors defend your electronic devices against voltage surges and spikes. A circuit breaker interrupts the flow of electricity in a circuit when it detects an overload or short circuit, protecting the wiring from damage and preventing fires. In contrast, a surge protector shields electronic devices from voltage spikes, such as those caused by lightning strikes or power surges, preventing damage to the device’s inner mechanics.

On average, the cost to wire a new home ranges from $2 to $5 per square foot. The cost to rewire a house is around the same, ranging from $2 to $4 per square foot. Often, though, new wiring comes with lower overall costs since it’s much easier to access a home’s foundation. 

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.

An outlet can trip because the circuit it’s on is overloaded, meaning the devices plugged into it are drawing more power than the circuit can safely carry. Another culprit could be because a power surge from a storm or accident caused a problem with your local electrical grid or there’s a short or a fault causing power to run through the circuit in a dangerous or unplanned way.