The Occupational Safety and Health Administration (OSHA) and the National Electric Code require wiring to be covered, to prevent contact with conducting materials. Stay away, and call a licensed electrician. The term “exposed copper wire” in a residential setting refers to a conductor that has lost its protective outer layer, leaving the metal core bare. This usually occurs when the insulating jacket of a cord or a cable is compromised due to physical damage, material fatigue, or improper installation. The panel cover being off is not. So yes that's not great Missing dead front cover. Exposed wires should be taken seriously. Here are some things to watch out for: If you see any of these, you should immediately recognize them as a safety hazard.
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