True...but I mentioned that I wondered about induction IF the line and load conductors were in separate conduits due to POCO rules that do not allow line (unmetered) and load (metered) conductors to be be the same raceway or sealed compartment. I know that's not what the OP asked, but that was my question. No disagreement that few, if any POCO's allow metered and unmetered conductors to share any compartments/raceways except in the meter socket or CT enclosure itself, so the OP question is kind of a "non-question".