dstig1
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You realize that is an oversimplification, don't you? The current will actually split between the conduit and the Cu wire, in inverse proportion to the resistance of each path. So much more current will go through the lower-resistance Cu, but the Steel conduit will still carry a significant current load. I'd have to look up resistance values and calculate it out to be exact.Exactly my point. The conduit due to it's cross section and high resistance will not be the problem. The 12 GA wire will.
Electricity like water takes the path of lease resistance.