I had intended to replace the old fusebox the previous owner had installed. At that point I decided to replace all the old wiring, sockets and switches. New, larger quad sockets over the future bench, and unswitched power sockets along with new switched sockets in the ceiling for additional lighting. Estimates for just the new breaker panel were $700-800! Outrageous! At that point I decided to learn a bit more about sub-panels and do it myself. Total cost, $200 including the wiring.
The old fuse box…
New wiring all in place. Foamed in air leaks in all the walls and floor, caulked floor seams and filled concrete seams (easier to sweep out now).