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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.

The common, marked as COM or C, is one of the terminals found in your light switch. It houses the live wire that supplies the input voltage. The other terminals, marked as L1 or L2, are the outputs to the light fixtures. Depending on if you have a one-way or two-way switch, you’ll either have just an L1 terminal or both an L1 and L2 terminal.

It’s not recommended to turn off your breaker box in hopes of saving electricity. Breaker boxes were not designed to constantly be switched on and off. Therefore, turning off breakers unnecessarily can cause costly damage that outnumbers any energy savings. Only flip your breakers if absolutely necessary when troubleshooting an electrical issue.

Upgrading a two-prong outlet to a three-prong outlet typically costs between $20 and $50 per outlet if the electrical box is already grounded. However, the cost can increase significantly if the system is not grounded, as this may require grounding the box or upgrading your electrical panel. Electricians generally charge between $50 and $100 per hour for labor, and the total cost for a more complex installation could range from $130 to $300.