True. For comparison, I have a 60s era 1000sqft house in northern Canada that had a 60A service into a 50A breaker panel up until last year. For insurance, safe

True. For comparison, I have a 60s era 1000sqft house in northern Canada that had a 60A service into a 50A breaker panel up until last year. For insurance, safety and maintenance reasons[0] we upgraded to a 200A service, but for a small house and a 3-4 person family 50A is sufficient provided your hot water heater is natural gas. [0]: The incoming line was aerial and over the legal span length, so it had been attached to an insulator nailed to a tree halfway between the house and mast. Also the mast was deteriorating to the point that it needed to be replaced anyways and insurance was making noise about not allowing a new policy if it wasn't upgraded to at least 120A. We did a customer pole and went underground to the house. Much nicer aesthetics and I can now turn off a breaker on my side of the meter at the pole to do maintenance.