Mike
Correct. that is the main service feed/ CT can. It hard to tell from the pictures but a large furnace is only 18" in front of the FPE panel.
Also the panel inside the chase with all the loose wiring is 8' above the floor above the wall with all the junky outlets. Also I did not take off any panel or covers when I took these photos. Some of the panel covers are long gone.
And yes the panels in the kitchen are greasy.
If the bank comes thru I'll be working a lot of hours.


ed