I have no idea why the top shelf is even there at all IMO all you did was bring attenetion to very odd fuse box which honestly seems very weird . Maybe take a picture of it open I assume you do not live in NA and also some pictures of the rest of the room.

I’d go from three shelves to two (space the remaining two accordingly). Take off the end cap pieces. And then try to either stain to match the fuse box, or paint them white. You could also consider painting it all white. But the end caps don’t make much sense unless you truly want to use the shelves as bookshelves. I’d style them or turn it into a bar cart area.

Just curious on why it can't be moved? Do you not have a basement? Our fuse box was originally in the kitchen and we had dropped straight down to the basement. It didn't cost as much as we thought it would. About $500 10 years ago. And yes it was a licensed electrician who did the work.

I can see the shelves just as they are with them and the ugly box painted to match the baseboards.

Thanks to everyone who gave advice - here's an update pic of what we did. I'm so happy with them now :-)

Good job!

Love your wallpaper!

That looks fabulous, Alex!

Much improved. If you insist on keeping the end caps on the left, perhaps adding them to the right side would balance them out. My first choice would be to remove the left ones.