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You shouldn't really have much voltage "drop". If you do, it usually means that there is a poor connection somewhere along your service line or inside wiring. Any significant amount of voltage drop can mean that you are at risk of a fire. On the other hand, line voltage into a house may not actually be 240 VAC. Measure the ACTUAL voltage with everything turned off, then see where it goes when you start turning things back on. The difference between the supplied voltage and the load voltage is the voltage "drop".

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Q: Whats the permissible voltage drop in a 240V system?
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