This can include lighting, machinery, HVAC systems, and more. The system comprises several key components, including transformers, switchgear, distribution panels, circuit breakers, and wiring. Whether in a home or an industrial facility, this box keeps your electrical setup organized, functional, and efficient. However, the key to. A distribution box, sometimes referred to as a panel board, distribution board, or breaker panel, is an essential part of electrical systems that makes it easier to distribute electricity throughout a structure.