I've been in 2 houses now where the outside cable leaked
1st house was not mine
Required the feed on the side of the house be replaced, all breakers & panel
Inspector deemed it a fire hazard after the fact, electrician stated that some of the breakers were so rusted they probably would not have tripped
This house the panel was replaced, could have been fixed...but I didn't want it for a main panel
OP - you -
Original
Poster
Se - service entrance/specific type of wire/cable
Sheath - outside covering for the wire
---if damaged/detiorating the wire needs to be replaced
DO NOT put anything on it that HD recommends
If its the Main feed the Power Co (POCO) will need to shut off power while its being replaced
My feed was replaced in a matter of ~2 hours