Well, not being an old timer nor an electrician, I’ve not seen this before. I consulted with my local “sparky” and his opinion was to have the local utility relocate to the exterior. My report stated that the utility is responsible for the transformer and the utility rep said the owner/seller is responsible for the can. I recommended that box be moved outside utility said they probably would not unless paid to do so. I asked them about their liability, considering that it is at floor level and easily accessible to kids, etc. The response was a sticker stating that the components were the property of the Public Utility District, NO locks on box. I feel like this is ultimately between the seller and the utility, however, my basic concern is safety. Any advise or opinions would be highly appreciated.