To wire into main panel is straight fwd. The unit can be located in the basement near the panel area. No issues as long as you use the proper size wire. Just disconnect the wire from the main input in the panel and connect to the surge unit "In" then using a proper sized wire to run from surge unit "Out" to the main panel input where you disconnected the original feed.
You do need to be familiar with this work or best to have an electrician do it.
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