Is this a pad mounted transformer?
If so, you might want to view this video and get th white paper in the description as well as take note that the NESC ( IEEE C2) says 4 calorie PPE is sufficient for 480V transformers. I don't know if the same applies at your voltage:
https://youtu.be/jKqy9uMfwq4?feature=sharedAlso, I'm not surprised at all by your calc results. Video may be helpful.