You will be at the limit of the 100 amps with what your doing now. I had that issue in my first shop. IF many things where running in the shop you could tell the voltage drop when you would try to weld. Especially 7018 rods vertically. I had to shut off everything I could to make the welder work correctly.
So if you think you ever will add more stuff drawing larger electric loads I would put in the second meter with a 200 amp service. As for the additional charge. A shop is not going to be "free" you will use more electric than you think if you weld much. If you file a schedule F or a business return having a second meter for the shop makes it much easier to deduct the electric cost for the shop. Even if not your shop should run you $30-50 each month. That is less than $2 a day. Not a BIG expense compared to may other things you get or use.
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Today's Featured Article - A Lifetime of Farm Machinery - by Joe Michaels. I am a mechanical engineer by profession, specializing in powerplant work. I worked as a machinist and engine erector, with time spent overseas. I have always had a love for machinery, and an appreciation for farming and farm machinery. I was born and raised in Brooklyn, New York. Not a place one would associate with farms or farm machinery. I credit my parents for instilling a lot of good values, a respect for learning, a knowledge of various skills and a little knowledge of farming in me, amo
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