>>" a 240V line is inherently "balanced". Its ground and neutral are the same (center) conductor, with a potential of +120v on one side and -120V on the other"<<
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Correct. The utility transformer's secondary windings are configured as a split phase winding exactly a balanced power system. 120V-0V-120V. The center point of the two connected secondary windings is bonded, connected to earth ground. Just like the 60V-0V-60V system. If all the loads connected to the 120V-0V-120V utility transformer were all 240V loads it would work exactly like the 60V-0V-60V balanced system.
Here is one for you. For a single phase/split phase utility
transformer where 120 volts loads are exactly balanced across the two mains, zerro amperes will travel back on the neutral conductor to the source, the transformer. Example 30 amps of connected 120 volt load from L1 to neutral, and 30 amps of connected 120 volt load from L2 to neutral.
The connected 120V loads from L1 to neutral will be in series with the connected 120V loads from L2 to neutral. Only the unbalanced 120V loads travel back on the neutral conductor to the source, utility transformer.
http://www.ibiblio.org/obp/electricCircuits/AC/AC_10.html#xtocid269100
>>>>>>>>>>>>>
Correct. The utility transformer's secondary windings are configured as a split phase winding exactly a balanced power system. 120V-0V-120V. The center point of the two connected secondary windings is bonded, connected to earth ground. Just like the 60V-0V-60V system. If all the loads connected to the 120V-0V-120V utility transformer were all 240V loads it would work exactly like the 60V-0V-60V balanced system.
Here is one for you. For a single phase/split phase utility
transformer where 120 volts loads are exactly balanced across the two mains, zerro amperes will travel back on the neutral conductor to the source, the transformer. Example 30 amps of connected 120 volt load from L1 to neutral, and 30 amps of connected 120 volt load from L2 to neutral.
The connected 120V loads from L1 to neutral will be in series with the connected 120V loads from L2 to neutral. Only the unbalanced 120V loads travel back on the neutral conductor to the source, utility transformer.
http://www.ibiblio.org/obp/electricCircuits/AC/AC_10.html#xtocid269100

