I'm getting differing opinions on the interpretation of Note 2 to Table 450.3(B). I have a 150 kVA, 480-208Y/120 V indoor dry-type transformer feeding three main breaker panelboards. The question comes from the phrase in Note 2 "shall not exceed the allowed value of a single overcurrent device". Is that value for multiple overcurrent devices (a) strictly a maximum of 125% of transformer rated current, or (b) permitted to be as high as "the next higher standard rating" of Note 1 of Table 450.3(B). If "value" means (a), the sum of the three main breakers is limited to 520 A, but if "value" means (b), I can go to 600 A.
