No, five linear feet. i.e. take a ruler and measure 5' from the edge of the pool. That's the area you have to cover. It's kind of difficult for a person to span that distance with a body part in the water.
It looks as if the inspector missed the grid when the pool was installed. The 69kv transmission line nearby wasn't factored into the entire equation. Most residential primaries are only a few thousand volts.
I do agree, that replacing the service was goofy, If they replaced the ground rod or grounding system for the service then I wouldn't think it was goofy. You could either have aground rod or your power system would be grounded via copper water pipes.
You never mentioned what kind of piping you have for water and how the service is connected to "ground".
"Ground" is a reference, but thing can change what ground is over distance, Thunderstorms have the ability to create a gradient across the ground.
I know if a computing center whose data lines were damaged that went from wnd to end of the building over a maybe 200'. They replaced that section with fiber rather than copper to eliminate the problem.