The article aims to elaborate a technical means for reducing fire occurrence in internal electrical networks of individual households. General scientific methods of numerical analysis, electric circuit theory, and prediction theory were used. It was determined that the operating mode of the electric network under study is characterized by a significant unbalanced power consumption due to the asymmetry and non-sinusoidality of phase currents caused by the occurrence of additional symmetrical components of forward, reverse, and zero sequences. Additional heat losses increase significantly and lead to overheating of the neutral conductor, thus intensifying fire risks. On the basis of measurements and the authors’ software, a simulation modeling of integration of the developed balancing device into the investigated network was carried out. The conducted analysis found that the developed device can reduce additional heat losses and fire risks by over 90%. Using statistical methods of forecasting, regression analysis in particular, a preventive long-term assessment of the level of additional power losses was conducted. Autoregressive equations for predicting the parameter of additional power losses at a certain probability level were derived. MATLAB graphic editor technologies and Excel software were used to visualize changes in the studied indicators. The results can be used by construction companies when designing the internal electrical network of individual households, as well as for researchers developing approaches to reducing additional losses of electrical energy.