According to an investigation by the Consumer Product Safety Commission, Federal Pacific circuit breaker panels, when maintained properly, are not necessarily dangerous. However, misuse and neglect can cause aging circuit breaker panels to become hazardous. When in doubt about the safety of a panel, a qualified electrician should be consulted.
With any electrical system repetitive and abusive use will ultimately lead to a scalable malfunction. Age should be considered to determine the safety and compliance of an electrical service panel. Current standards found in the National Electrical Code (NEC) can equip homeowners with the knowledge to discuss safety concerns with an industry certified professional.