Residing with foam will add $3k in electrical work. Help?
My 1966 rambler, located in Minnesota, has the original Masonite siding. I was planning on residing with LP SmartSide and using 2” of foam board insulation. But the problem has become the electrical service. Since my service is dropped overhead, adding 2” in thickness requires moving the service pole (will need a new hole in the roof), meter, and service entry. I called an electrician to ask for a quote, and he told me that I will also need to bring my breaker box up to code, which requires moving it away from a wall to get the 30” clearance required. I’m looking at roughly $3k in electrician costs to do that whole job.
What kind of options do I have here? Is it possible to create a “channel” for the service pole/meter –put foam board around it and side right up to the channel, while leaving the meter attached to a board attached to the sheating? Will that cause problems with my sheathing? Anything else I could do?
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