Tank room electrical DIY: subpanel or no subpanel?

[Delphinus]

Thanks for the suggestions.

I did find one wrinkle. At the City of Calgary website, trying to find out what "code" requires, I found this little tidbit:

When developing the basement or renovating existing areas, do not design the development so that panelboards are placed in clothes closets, bathrooms, stairways, or any other area where moisture or location ...
From: http://www.calgary.ca/docgallery/bu/...f/guide1-w.pdf

(It cuts off at that point, they don't finish the sentence .... sure is nice to proofread stuff once in a while! )

I wonder how easy it would be to pass electrical inspection if it's fairly obvious that it's a tank room. The room will be well ventilated but is that enough? Also by reading between the lines a little, it sounds like enclosing the panel in a cabinet wouldn't be an option.

Guess I'm going to have to do some more homework..