Electrical Wiring in the Home/Adding a feed to the meter

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Question
Hello, here is the setup.  In my house I already have 400 amp service, 2 200amp boxes on the first floor.  We have a walk out basement that is unfinished and has 2 or 3 circuits running off the main breakers.  All of our walls are foam insulated, so I would really prefer to not have to rip open a wall and the insulation to run new wiring into the 2 boxes we have, they are also in a cramped spot.  

So the question I have been trying to get answered, can I run a second feed off the utility meter to a third breaker box in my basement?  I realize the power company has to get involved, etc, but is that setup legitimate.

Answer
Robert Wilber
Licensed Philadelphia Electrician
Philadelphia License # 3516 - 16765
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LIFE SAFETY WARNING! [disclaimer]
Electricity is dangerous!
You can be injured or killed!
Improper installations can cause fire, injury and death!
Are you qualified to do this work?
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National Electrical Code definition, NFPA 70 2008 Article 100: Qualified Person. "One who has skills and knowledge related to the construction and operation of the electrical equipment and installations and has received safety training to recognize and avoid the hazards involved."
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Electricity is death on a leash!
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There are limitations to the addition of disconnecting means to a service entrance regarding number, location and grouping. The variables are too complex to explicate here.
That being said, you haven't provided sufficient information, so the simple answer is maybe yes, probably not.
Send photos [distance shots] of service entrance, existing panels and proposed location of new equipment. Also include existing load information and proposed additional load per Article 220 of NFPA 70 (National Electrical Code) as adopted by your local “Authority Having Jurisdiction”.
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Always check with the local “Authority Having Jurisdiction” for an official interpretation before making installation decisions.
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Electrical Wiring in the Home

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Robert Wilber

Expertise

Licensed Philadelphia electrician serving Delaware, Chester, Montgomery and Philadelphia County in Pennsylvania. I install and repair residential, commercial and industrial wiring and lighting. Troubleshooting and repair of problems that stump other people is my favorite. I am willing to help people figure out why things don`t work. I understand motor controls, transformers and machine wiring. I do not teach basics to novices or do free design work.

Experience

Experience in the area I have 44 years experience in residential, commercial and industrial electrical construction and repair, 480 volts and below. This is not to be confused with one week repeated two thousand times.

Education/Credentials
44 years experience in residential, commercial and industrial electrical construction and repair

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