Down in the mountains where I grew up, it would mean none of the "good ole boys" had driven by with a varmit rifle in his truck; else he would have shot it out.
In the rest of the world, it indicates an overload which may or may not have tripped the breaker.
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"Well, I've wrestled with reality for 35 years, Doctor, and I'm happy to state I finally won out over it." Elwood P. Dowd
The red light indicates that at sometime the transformer was overloaded. I would let the utility know. They may decide to reset the light and see if it happens again or they may change it to a larger size.
transformer on power line
Re: transformer on power line
