Mighty Mouse
WKR
Great point.Do you have to run from your house? or is there a utility pole closer? I had a long run from a transformer to the shop. The electic company suggested to just put a new panel and meter on the shop versus sub panel. I dug the trench and they put the wire in from the transformer. It was a few feet shorter but way easier.
OP, this could be your best option depending on where your existing transformer and meter are located relative to your shop and how much your electric company charges for new services. Electric companies often charge below cost on construction knowing they'll recoup their money over time via monthly meter fees and power bills.