Great question, Bill!
At first I thought that it would be a code violation, but upon further thought, I can't see how it would be. It is protected at 100amp, an amount not greater than the rating of the se conductors, so it seems to be ok.
Fault current is a concern, I would think. Let me sleep on that one.
Another thought, I would think the utility would frown on this type of set up for the following reasons. Their meter, rated for 200 amps, costs more than the 100 amp meter in place now, as well as the cost for the service man to come out to reconnect. Doing this work for only a 100amp service means that their payback period will be greater, since the load will be less than 100amps, so it will take longer for them to recoup their costs. If this was for a true 200amp service, one could assume the load would be above 100amps, thereby their intake of money would be greater, reducing their payback period. Dollars do run the industry, after all.
Just a thought.
Rick
