Well, OK. Since we started down this road..... If a multi-meter service is installed, the contractor requests whatever size service he needs and that's what the fees are based on. We usually size the transformer and conductors (overhead will be smaller wire because it's open air instead of in conduit) based on 80% of that figure (max continuous load per NEC). Each individual meter is protected from damage by its individual main breaker. From an economic standpoint, it's cheaper to install a larger transformer in the beginning than to have to go back and upsize later due to complaints about low voltage, flickering lights or a blown primary fuse due to overload. On the other hand, if a single meter service has a 200A panel, we assume 80% of 200A even if the main is 100A. If I go to a new installation that has a 400A meter panel, but the customer says it's a 200A service, we have a problem, regardless of breaker size. 400A sockets get a Class 320 meter. Some 400A panels have provision for two 200A breakers, but the service will still be sized as 400A, even if only one breaker is installed.
In reality, 100A services are pretty rare, so all standard residential services get a 200A meter even if they are rated 100A. I can't even remember the last time I inspected a new 100A service. We are soon changing our rates to 200A or less rather than 100A and 200A. That will eliminate a lot of paperwork and probably the incentive to "manipulate" the system.
I know this all sounds pretty convoluted, but we are trying to foresee potential problems before they bite us in the ... Power companies usually have a bad enough reputation anyway, so if we can keep our service cheaper and more reliable, that's what we'll try to do.