| I understand that Copper No. 10 AWG is the correct wire size for a | circuit in a residence with a 30 amp circuit breaker. | | If the wire used has the typical NM designation, is the insulation rated and | suitable for | 220 V, as well as the conventional 110 V ?
The voltage rating should be printed on the wire. As long as the highest voltage between any 2 conductors does not exceed that rating, you should be OK. Typically NM and other wiring will be rated 300 volts or 600 volts. I have seen some rated 1000 volts. It's a matter of insulation quality, not conductor size.
You will need to be sure you have the right set of conductors for the type of 240 volt circuit you are putting in. Be sure you know whether the load needs a neutral wire or not. The typical air conditioner or water heater does not. The typical clothes dryer or kitchen range does. There are exceptions in some cases, so double check.