The conduit to the service disconnect is metallic, but the cable from the disconnect to the equipment is a thick piece of SO cable.
On a side note, it doesn't appear that the connection from the disconnect to the equipment is code compliant if SO cord is being used as a permanent wiring method. Need to check against 400.7 and 400.8....
400.7 Uses Permitted
(A) Uses. Flexible cords and cables shall be used only for the following:
(1) Pendants.
(2) Wiring of luminaires.
(3) Connection of portable luminaires, portable and mobile signs, or appliances.
(4) Elevator cables.
(5) Wiring of cranes and hoists.
(6) Connection of utilization equipment to facilitate frequent interchange.
(7) Prevention of the transmission of noise or vibration.
(8) Appliances where the fastening means and mechanical connections are specifically designed to permit ready removal for maintenance and repair, and the appliance is intended or identified for flexible cord connection.
(9) Connection of moving parts.
(10) Where specifically permitted elsewhere in this Code.
(11) Between an existing receptacle outlet and an inlet, where the inlet provides power to an additional single receptacle outlet. The wiring interconnecting the inlet to the single receptacle outlet shall be a Chapter 3 wiring method. The inlet, receptacle outlet, and Chapter 3 wiring method, including the flexible cord and fittings, shall be a listed assembly specific for this application.
(B) Attachment Plugs. Where used as permitted in 400.7(A)(3), (A)(6), and (A)(8), each flexible cord shall be equipped with an attachment plug and shall be energized from a receptacle outlet or cord connector body.
Exception: As permitted in 368.56.
400.8 Uses Not Permitted
Unless specifically permitted in 400.7, flexible cords and cables shall not be used for the following:
(1) As a substitute for the fixed wiring of a structure
(2) Where run through holes in walls, structural ceilings, suspended ceilings, dropped ceilings, or floors
(3) Where run through doorways, windows, or similar openings
(4) Where attached to building surfaces