Why is the Voltage Reading at 240 Volt Outlet Reading 590 Volts?
I just purchased at home built in 1922. It is obvious there has been some modifications to the electrical system. The only permitted change was upgrading it to a 200 Amp service. In trying to figure out the circuits I noted there were 4-240Volt breakers, three a 20 Amps and one at 30 Amps. All four were marked as "AC." There is only one (1) 240 Volt window unit, so in looking around I found three old 240 Volt outlets which are not being used. I first tested them with a voltage probe - they were hot, so I used my multimeter and it reads about 590 Volts, or when I measure one side it reads about 147.5 volts or so.
This has me stumped! Oh yes, I checked a 110 volt circuit and it reads about 147.5 volts. The 590 is 4 times the 147.5. Why am I getting that reading? Am I doing something wrong, is my meter nuts, or??