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pretty much
if your BREAKER panel (not fuse box, unless the house is SUPER old) is full, then you can upgrade the panel without involving too much else
you will need to have hydro cut the power to the house, then electrician will rip out the old panel and install a bigger one with more slots. at the same time you could see if the service to the house would accommodate a larger main breaker but unless you're tripping it now, there's no reason to upgrade. you just want a larger panel with more slots so that you can have individual circuits.
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