Just wanna jump in and make a small correction regarding "2 phase power"
In reality its split single phase. A single 480V phase winding is centre tapped to create a neutral (which is then earthed), giving you 480 between both active legs and 240 between each leg and neutral, much like the 120/240 supplied to American homes, where two hot legs and a neutral are supplied, but is still one phase and both hot legs aren't any degree separated from each other electrically, just each end of a 240v phase with a neutral in the middle.
In Australia split phase is generally more common in regional and rural areas. Suburban homes have single phase 240v supplied by default, 3 phase if the customer requests it, which used to be common for spas/hot tubs, ducted air conditioning units etc. My 1976 south western Sydney home has it, only because the house was built with 3 phase 415v ducted air conditioning. Which is handy as that is three 100A phases, never have to worry about adding extra loads.
Over here you will note most detached homes don't have basements, therefore our electrical panel (referred to as a fuse box or meter box here) is usually on the side of the house in a metal box with a door that swings up. Inside is the electricity meters, service fuses (1 for single phase, 2 for split, 3 for 3 phase), older houses have one meter per phase, however single meters that measured all 3 phases became available many years ago. Then you have the customers distribution equipment which usually included a main switch, and a row of ceramic wedge fit fuses and bases, with a rewireable fuse element, spare fuse wire (8A for lights, 16A for power circuits, 20A for stoves/air con/ovens/hot water etc and 32A for larger loads as mentioned previously) You would pull the fuse holder out, undo the two screws that hold the wire and replace the melted fuse wire with the correct rating and length of new fuse wire and replace the fuse.
These were easy to fit larger/more strands of wire into if a fuse kept blowing and therefore were a fire hazard. Many of these have been upgraded over the years with the ceramic fuses and holders removed and a plastic load centre and DIN rail circuit breakers/RCD's fitted, RCBO's which combine a circuit breaker and RCD in the one unit are most common now per circuit. Most single storey houses have one lighting circuit and 2 or more power circuits, larger houses 2 or more lighting circuits and 3 or more power circuits. Then of course dedicated circuits for larger equipment, stoves, ovens etc.
Please note I am not a mains electrician, I am an auto electrician and I'm happy to be corrected by those more knowledgeable.