I have a CH7KK panel. The cover has a small hole cut into the center top area, and a watt meter is installed in that spot. The purpose of the watt meter is to load level the generator. What is the code as far as having something like that in the panel cover? Any ideas? Thanks.
Really need pictures. As for code, it depends on your local, and how they view it. Meters are placed into panels all the time, but not in a load center, usually in their own. Personally, I would remove it, and get a new dead front.
I would not even worry about it. Leave it alone, and just make sure that connections are still tight on all points inside the panel. If you decide to upgrade the panel, due to age, placing the meters to the left or right, along with a whole house surge, would be the only other thing that I would do.
Now, what you could do, if you decide to ditch those meters, is go with something like a Ted, but would need two mtu's, so that you are able to monitor main & standby as needed.