Looking for some direction. Was called to condominium complex today (built mid 1970's) to view the main service disconnect switch which had been leaking water over the course of a few days following heavy rains. The cabinet bottom and right side are seriously deteriorated / rotted. This obviously has been occuring for years. Interior fuse holders and mechanism is in good condition and no corrosion noted. Cabinet mounted in basement on exterior wall and encloses a 400 amp 3 phase service and has 2 4" conduits entering backside. Conduit and conductors enter from a pad mount x-former in yard. Past attempts have been made to seal conduit ends in cabinet with duct seal and what appears to be an entire tube of silicone. Water still pours in via these conduits. What are your thoughts on sealing out water and should I suggest replacement of entire cabinet / switch? Thanks!