So you found this on your own and the electrician who checked the panel didn't!?!?!?...
That's just how some "perfeshunals" operate. Sell the replacement, never the repair. At least now you know.
A few years after we moved in, I called the company that installed my heat pump because it wasn't working and, well, their sticker was right there.
Instead of a technician with a tool bag, they sent a tanned, perfumed, perfectly oiled and coiffed Chippendales-grade muscle hunk in tight black pants, a gleaming tailored white dress shirt straining to contain his vast shoulders, pecs, and arms, and, I **** thee not, a tiny black bow tie under his chiseled chin. A real dreamboat if that sort of thing is the sort of thing that's your sort of thing.
And of course he was equipped with a pen and a clipboard, not so much as a meter or screwdriver in sight. After five minutes and a few glances at the system (but never touching it once, lest he soil his immaculate manicure), he produced a $10,000 estimate, handed me the pen, and with a flash of his steel-blue eyes, said "sign here".
Being immune to his considerable charms, I declined and sent him away to seek someone whose judgement he could cloud, or perhaps a bachelorette party to enhance.
Out of the entire spectacle he presented, the white dress shirt was the thing that really puzzled me; there's nothing that screams "I'm not actually here to fix anything" any louder.
After a little more rummaging around, I found a different company that sent out a properly scruffy gent in possession of a screwdriver and meter, who made the needed repairs that day for around $700 and kept the system going for another ten years.