Electrical equipment is a common sight in residential as well as commercials spaces. People in these spaces who work either directly or indirectly with electricity are always exposed to electrical hazards. A majority of the electrical hazards can be avoided with a proper understanding of the electrical equipment and some simple precautions on their usage. Described below are some of the most common electrical risks. By following few precautions, electrical hazards can be prevented at residential as well as commercial premises.