Electrical – Acceptable ground to neutral voltage

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First of all I'm pretty sure I know the theory behind the effect. I know about the inductive and capacitive coupling, about 3-phase balance problems and about ground bounce, so this question isn't about normality of existence of voltage between ground and neutral line.

What I want to know is in general are there established levels at which the voltage is normal, at which I should start investigating the voltage and at which I should kill power and start panicking?

!!!PLEASE READ THIS FIRST BEFORE ANSWERING!!!

Due to recent answers, I added the following section to the question:

First, I AM AWARE OF OHM'S LAW! I hoped that it would be obvious from the second sentence of the question, but it isn't.

Second, the type of answer I'm looking for is something like: "The difference in a properly installed should be below XX V because it is written so in regulation YY". Bonus points for information on how number XX has been derived.

Alternatively acceptable answer would be: "There's no limit in any regulatory documents because of ZZZ." if it's accompanied by a good description of ZZZ.

I will down-vote answers which basically say: Ohm's law.

I know that this sounds extremely rude, but unfortunately I don't see any other way to explain exactly what I'm asking. If you don't know the answer, that's fine by me.

Best Answer

The best I could do was to dig up a fine print note (FPN) in the National Electrical Code (NEC). In theory, there is no limit (as stated in other answers). In practice, the limit is when things stop working. In this FPN, the limit is 3-5%. In reality, the limit is around 1-2%.

NEC 2008

210.19 Conductors — Minimum Ampacity and Size.
(A) Branch Circuits Not More Than 600 Volts.
(1) General.
FPN No. 4: Conductors for branch circuits as defined in Article 100, sized to prevent a voltage drop exceeding 3 percent at the farthest outlet of power, heating, and lighting loads, or combinations of such loads, and where the maximum total voltage drop on both feeders and branch circuits to the farthest outlet does not exceed 5 percent, provide reasonable efficiency of operation. See FPN No. 2 of 215.2(A)(3) for voltage drop on feeder conductors.

This Fine Print Note (FPN) says that to provide "reasonable efficiency of operation", the voltage drop of the branch circuit to the furthest point should not exceed 3%. And that the total voltage drop, including the feeders should not exceed 5%.

120V * 3% = 3.6V
120V * 5% = 6V

Given this information. You should start to examine your wiring, if you measure anything near 3V neutral to ground.

Note: Fine print notes are informational only and are not enforceable as requirements of the National Electrical Code.