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Yes. Many installations have breaker totals higher that the main breaker of the panel. It is worked on a percentage basis. Not all of the breakers will be on at the same time. In a home, on a 100 amp panel the average load is 50 - 60 amps. The 100 amp main breaker is protecting the 100 amp rated panel board. If the load current goes higher that the panel board is rated at, the main breaker will trip to protect the board.

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Q: Is it OK to have 250 A of breakers in a 100 A panel?
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