I'm willing to bet the "box" is to hide the service heads, and the "ugly" bunch of spliced wires. It's probably a two meter service, two heads, (hence the two pipes exiting the bottom of the "box") and the meters are probably "under" the porch roof that we see.
I don't know other areas, but here in NJ you cannot cover any of the service (heads, conduit, meter) before the load side of the meter.
Could this have been an "add-a-level" addition, or ???
[This message has been edited by HotLine1 (edited 01-21-2003).]