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many 3 phase power poles have capacitors to help keep the phases balanced. the ones in Illinois look like a rectangular box (about the size of a car battery) with a couple leads comming out.
it could also be come kind of surge protector.
edit
how about this?
http://www.allproducts.com/manufacture97/chdkj/product1.html
it could also be come kind of surge protector.
edit
how about this?
http://www.allproducts.com/manufacture97/chdkj/product1.html