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In electrical terminology it is the same as a distribution panel. It gets called a utility panel because it is the first device that is connected to the utility company's service connection when it enters a building. The utility panel is not owned by the utility company, it belongs to the home owner and it his responsibility to ensure that it is installed correctly and safely. In most cases an electrical inspector has to give his recommendation that it be connected.

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Q: What is a utility panel in a building?
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