A balanced load. Why would that be important and how would it benefit me as a consumer to have a balanced load? Moreover, why should I even worry about that in the first place? These are all terrific questions and I'll try to explain how balancing the electrical load in your load center (electrical panel) can benefit you in the wallet! First of all, you need to know that there are two different power phases coming into your home. We'll call them phase "A" and phase "B" for simplification purposes. Now phase "A" to neutral has 120 volts. Phase "B" has 120 volts to neutral. The reading from phase "A" to phase "B" is 240 volts. You see, they are different phases and that's how we get 240-volt appliances to run, unlike the 120-volt things like lights, microwave ovens, refrigerators, etc... Let's take a deeper look at how the utility company charges you for their service.
...Source: http://electrical.about.com/b/2013/05/22/a-balanced-load.htm
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