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Spent quite a while reading about this possibility. The only thing I can find is that derating of the circuit is required if more than THREE current carrying wires are contained in a bundle or conduit. In my case of a single 10/2 UF (220v/no netural)in a 3/4 pvc conduit, I suspect it doesn't matter, expecially considering the cable is underground and relatively cool, and cooled by the earth, and the individual wires are 90c/194f rated and as moulded into the UF they are derated to 60c/140f, and this is a relatively intermittent load, since it is a well pump, and would not generate any amount of heat in the wires. This is a much better arraingment than what the neighbor originally had. Their now deceased father had, years ago, strung a 12/2 w/grd ROMEX overhead from the house to a pole some 60 ft away (with no supporting wire even!!!, where it went underground the last few feet to the well (actually using UF, probably installed by the well drillers). In the case of the lamppost, Buickanddeere has it right, run a netural and two hots and install the GFCI weather proof outlet, especially if we are talking any distance, say 100 ft. where extension cords from the house are not feasable for elect trimmers, christmas lights,etc., but loads and amp capacity have to be considered too. I am not an electrician, but have asked enough questions of two pros I know to know more than alot of so called electricians. I have a small library of references, that have distilled the huge, cumbersome NEC into the useful information for the average residential/shop/farm. I always try to verify anything anyone tells me, especially if it doesn't seem right. I'm an aircraft mechanic by trade (airline) and rules, regulations, and policies and procedures are a way of life for me. Charles
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