The Fuse Box vs. The Electrical Panel How are they the same?

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Before we get into the differences between the electrical panel and the fuse box, we'll look at what's the same between them—the job they do in a residential electrical system.
The electricity entering your house from the grid divides into different circuits around the building. An electrical panel or fuse box is the central hub of the house's electrical system, where the incoming voltage separates into various circuits. The panel or box cuts off electricity to one of the circuits in case of overload on the circuit, indicating an electric short.