The reliability of modern building electrical systems are receiving increasing attention as they become more intelligent and complex. As the majority of building electrical systems use neutral point grounding, earth faults or short circuits can get worse over time and damage both the distribution system and the electrical equipment. To this end, the corresponding three phases and four categories, namely three-phase voltage, three-phase current after fault, three-phase voltage distortion rate, three-phase current distortion rate, a total of 12 dimensional fault feature vectors and 10 fault simulation types, were summarised and extracted in conjunction with the actual operating conditions of the system. Using traditional fault identification ideas and neural network algorithm as reference, a 12-dimensional fault feature vector is used as the model input to construct a building electrical fault diagnosis and detection model based on ELM algorithm. Results showed that the ELM-based model’s classification accuracy for this experimental sample was 97.56 %, its AUC was 0.92, and its RMSE was 0.3521. These figures were higher than the classification accuracy and performance of the BP algorithm and GA-BP algorithm fault diagnosis models, and they also demonstrate better robustness and generalizability. The model also has a 97.27 % correct rate in fault discrimination, while the computation time is only 0.201 s, and its fault identification and diagnosis speed is faster than other algorithmic models. At the same time, this research model has a good fault monitoring accuracy of up to 98.6 % for building electrical systems. The research can provide a more sensitive, accurate and rapid fault monitoring method for the current building electrical system. It also improves the reliability of the building electrical system in a complex environment and achieves better protection of the system. This has a certain significance for the development of the building electrical industry.