I'm in the process of removing a Magnum 24 volt system. The 110 volt input was wired to the distribution panel using 3 conductor plus ground cable. The new 48 volt 3 kw Eg4 inverter only has a connector for a line, a neutral and a ground. Why did the old inverter have the three conductor wire? The third conductor is red in color. How do I wire the new inverter to the distribution panel? I'm in a different location so I looked at the panel.