Service panels sizing help

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b-ri

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Location
Boston
I’ve been overthinking this and confused myself, need some clarification.

An existing single phase service for a 2 family house comes in with 500mcm al and hits a 300 amp fused disconnect. From there the 500mcm al goes into a trough and is tapped off of with 2/0 cu to feed the meters for each unit. The 2/0 cu continues after the meters
and each feeds a 150amp federal pacific panel. I’m swapping out the panels, can I upgrade them to 200amp panels without changing any feeders.

2/0cu at 83% is good for 200a, and the 500mcm al is protected by the fuses ?

thank you!

 
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