I am a relatively new sailor (A few years with Hobie Cats), and have stepped up to a Mirage 5.5, a small 'trailer sailer', and am refitting it, working on the electrical parts right now. It has an outboard that is pull-start, and the 12v electrical system is just one LiFePo4 battery charged by solar power (or an AC charger when at home/not in the water) to run the radio, instruments, and lights. All of my loads and the battery will be fused or breakered. I have read of 'grounding plates' which seem to involve putting a plate on the bottom of the boat with a wire through the hull so that one can ground one's electrical system to the ocean? But I'm reluctant to put any more holes in the hull than I absolutely must, and am wondering if it's essential equipment for a small, low load system, and if it is, if there's a way to do the electrical system properly grounded without having a hole through the hull?