I am moving some spot welding equipment and am questioning the present installation. Example; Spot Welder 480Volt, Single Phase, 150KVA, 80' from distribution panel. Presently it is being fed with 2) 500 KcMil Copper conductors and a 400 amp breaker. After reviewing NEC 630.31 It seems that the ampacity of the circuit conductors shall not be less than 50% of rated primary current, which means I could refeed the spot welder with 2/0awg Copper (175 amps) provided the distance wouldn't require voltage drop derating, and simply reuse the 400 amp breaker for overcurrent protection. Is there something I may be overlooking?