Im deactivating the home security system on a recently purchased house (US). I unplugged the power supply ( see attached picture) Not sure what the red wire coming from the supply is for. It goes back in under the outlet cover. The green wire goes into the ceiling so i assume that is the system power. My initial plan is to kill the power to the outlet at the breaker box in garage and snip the green wire and disconnect red wire from outlet under the cover. I dont like the power supply box just hanging there. Am i missing something here? I know this is not audio related but I thought it would be ok to ask here