Service Entrance Conductor Size / Multiple Bonding
I am running service to a small, 1 room office, at a barn in the country. The electric utility pole has a transformer (230 V, 1 phase) and 200 amp meter. On the pole I have a 200 amp circuit breaker. From the circuit breaker on the meter pole, I have 4/0 4/0 2/0 AL cable in 2" PVC conduit running 290' to the office, where I have another 200 amp breaker in the main breaker box. For equipment ground, I have a bare, #4 copper wire running in the ditch between the circuit breaker on the meter pole and the main breaker box at the office.
I have two questions:
1. Is the neutral conductor size (2/0 AL) satisfactory? Why can the neutral be a smaller cable than the hot legs, which are 4/0? The ditch is still open and, if necessary, I can run a single conductor of 4/0 in the ditch for neutral. Don't want to do this, but would like to know if and why 2/0 is satisfactory.
2. I have the equipment ground and neutral bonded at the breaker on the meter pole. They are currently not bonded anywhere "downstream" of the meter pole. Should I also bond the neutral and equipment ground at the office main breaker? This would result in the neutral and equipment ground being bonded at two places - once at the circuit breaker at the meter and again at the main disconnect at the office. What are the pro's and con's of bonding at two locations?
Thank you!