IP addresses are the unique numbers assigned to each router network to identify them and you will need to access its administrative console to utilize the full potential of your router. It is the gateway to reconfigure your routers default settings. The IP Address 192.168.1.254 is the default private IP address assigned to many broadband routers and modem providers such as 2Wire, Aztech, Billion, Motorola, Netopia, Thomson, and Century link.