My electrical service panel is old, still has fuses it is located in a closet inside the house, I will upgrade the panel and move it to the outside of the house with a 200 amp service panel box, and also wire my outside storage building using conduit under ground.
You may want to hire a qualified electrician to do the work. You may not have the technical know-how on the specific codes and methods of upgrading and moving an electrical service. If you do hire someone, check to see if you even need 200 amps. You may get away with 100 -150 amp. Good luck.
Sounds like the 150 amp panel would be good enough ,but there is no more room to add and with everything you got running I can see that I am not sure if a 30 year old Federal Pacific company makes new brakes where you replace a now single breaker to a double breaker in the same space .Ask your electrician about this . If you have to get a new main breaker panel to get more breakers ,to meet your needs, I would go to the 200 amp service for the $1350 ,You may be glad you did in the days to come NoteA 200 amp main would require new wire to your home,if the $1350 is got that in it ,this would be OKHave a nice New Year . Mel
This is not an easy task for DIY. The meter location is determined by the utility company and not your choice. You will probably need to get a new meter base from the utility company. Putting the circuit breaker panel outside is not the best choice. While Nema 3R Raintite panels are available, they are still subject to weather and if you have a location in the house, you should try to put it there. If you don't put it in the same location as the exiting panel, you will have to extend the existing circuits from a junction box to the new panel location. This junction box must remain accessible. The panel must have a main disconnect. Either next to the meter or within the circuit breaker panel. If the main is in the circuit breaker panel, the panel must be located close to where the service entrance cable enters the house (usually 3' is the accepted rule). Then, you would run type SEU (4/0 Aluminum or 3/0 copper) service entrance cable from the meter to the main breaker in the panel and install a ground (wire #6 solid copper) from the ground bar in the panel to an 8' ground rod outside. If it's not within the 3 or so feet, you will need to use a main lug panel and have an outside disconnect adjacent to the meter. Then, you will need to run type SER (4/0 Aluminum or 3/0 copper) cable from the disconnect to the panel and install a ground (wire #6 solid copper) from the ground bar in the outside disconnect to an 8' ground rod outside. Typically, the utility company will not hook you up without an inspection tag so you'll need to find out if you can get a homeowners permit to do electric. If not, you should hire a licensed electrician (which you should probably do anyway).
