This will not save you any electricity unless the wires and walls are
warm to the touch (danger!). Unless the house is wired two wire or
aluminum wiring there is no real point to replacing the copper. If the
plugs are loose in the sockets, then new sockets are a good idea. You
won't save any money, but your lights, or whatever is plugged into that
outlet will run a bit better as it has a lower voltage drop between the
outlet and the plug.
But save on your electrical bill? Nope. Not going to happen. Updating
the wiring won't improve the efficiency of your appliances. You would be
better off replacing light bulbs with LEDs, and update your electric
stove/water heater/dryer/dishwasher with more energy efficient models -
then your electrical consumption can drop (if you use the equipment to
the same extent) and you will save some $$ in the long run.
Maybe.
Of course replacing perfectly good electrical appliances to save
electricity usually doesn't make economic sense as the cost of
replacement is greater than the savings in electricity. You need to do
the math. Also, newer appliances tend to be less reliable than older, so
you may have to replace them yet again.
The best way to reduce power consumption is to wrap your water heater
with an insulating blanket and insulate the hot water pipes. Other than
replacing light bulbs with LED (whole other discussion) there isn't much
you can do that is quick, easy, and relatively effective.
If you are still going to be rewiring your house yourself then either
get an inspector in to make sure you did the job properly or run the
risk of fire in outlets or electrical shock to your family, etc...
John :-#)#
--
(Please post followups or tech inquiries to the USENET newsgroup)
John's Jukes Ltd. 2343 Main St., Vancouver, BC, Canada V5T 3C9
(604)872-5757 or Fax 872-2010 (Pinballs, Jukes, Video Games)
www.flippers.com
"Old pinballers never die, they just flip out."