Most of the time, it's either less than a volt, or up in the 10-20 volt range. I've had it as high as 80. Bad news.
Another thing to watch for on older buildings is flotaing neutral. It makes the line voltage in the outlet vary depending on building-wide load.
If you suspect that power source is your problem, it's a good idea to get a recording monitor and check it out. Something like the Dranetz 626 or 646 Power Line Disturbance Analyzer. You just load it with paper tape, plug it in, and come back in a day or two. When you first turn it on you get a printout, then each time there's a fluctuation, it prints how high, how low, how long, and more. When things are bad, the printer can hardly keep up. When things are OK, you can leave it for a couple of weeks and not catch anything at all. It's great for the "once-in-a-great-while" intermittents, because you just leave it running in the phone closet until the failure occurs, and then check if there was a power "event" at the time your failure occurred.
One time, we found that the solenoid coils from an old timeclock-bell system were causing power spikes all over the building. When they stopped using the clock, they just took the gongs off the bells, but the solenoids were still actuating throughout the plant. They threw spikes and transients back onto the power lines; made a mess, electrically speaking.
BTW, our local utility will accept a Dranetz printout as proof of a problem, and dispatch a line crew to repair, no-charge. Of course, that's after the customer has already paid an electrician to go through the service entrance and tighten all the connections there. But without the printout, they just say, "sorry, there is no problem with our power supplied in that area." When you then say, "I have a Dranetz tape that says there IS a problem," they ask, "can you send it to us?"
I send them a COPY and keep the original. Learned that one the hard way, too. ;-) Howard Dingman
Pro-Tel Communications
Endicott, NY 13760
mailto:hdingman@holocom.com