Electrical Upgrades

I live in a pre-war co-op with a very old electrical system. Fuses blow regularly, even when running light appliances such as a toaster or an iron. Several other shareholders I’ve talked to are experiencing the same problem. How does the board determine if the building as a whole needs to upgrade its electrical system or if the problem lies within the individual apartments? And who is responsible for the cost of the upgrade: the cooperative or the shareholders who are affected?

electrical submeters
Submeters measure electrical usage for individual apartments.
Master Meter vs. Submeters
Load Calculation
Feasibility Study
Who Pays for Upgrade?