That is pretty cheap. I think cost can vary a lot depending on if its heavy duty, 600V etc. I looked up a quote I got for a fusible, 600V, heavy duty safety switch and it was $585. Non fused, heavy duty, 600V was $385. I seem to remember some discussion about general duty Vs heavy duty, like maybe general duties sometimes are not service rated? Maybe im just making that up.
FWIW IIRC a MB 208/120 200 amp loadcenter is about $450, but I dont recall priceing out a stand alone CB and enclosure.
Unless the load center has feed thru lugs or is capable of accepting a 200 amp branch breaker it is somewhat useless for supplying a 200 amp feeder compared to a 200 amp fused disconnect or 200 amp enclosed breaker though. Some single phase loadcenters out there with feed thru lugs, otherwise you need to get into commercial "panelboards" and the cost usually goes up with those.
I have heard of insurance companies sniveling about fusible switches claiming they can be overfused, but have to classify it as a rumor though, since have not experienced it personally.
They have some valid concern, but it is not possible to overfuse a 200 amp feeder that is supplied by a 200 amp fused disconnect, larger fuses physically won't fit. I have seen many 15/20 amp single pole breakers replaced by HO's or their non qualified expert friends with 30 amp breakers - so that logic doesn't really even work with breakers.
If AIC is a concern, fused (RK5) disco's have much more AIC for the $$$
~RJ~
yes, especially for other than 200 amp or less single phase 240 volt max.
Can I get a single breaker and enclosure for a 480 volt three phase 30 amp or less - probably, I have never seen such a thing in the wild, always a fused disconnect, usually fused disconnect for higher amperage as well. For one thing those are what is typically in stock at the supply house, the single breaker enclosure would need ordered in most cases.