Have you checked the shield on the Cable TV wire between the Panamax and the TV/Cable box? It sounds like you have some kind of ground or shield fault there.
I ran my old home theater system with a ground-lift adapter for many years. That system had pretty much the same problem you describe except, I was able to eliminate one source of hum by using a cable isolator between the outside Cable TV wire and the power conditioner. However, I had a second HUM source which required a ground-lift on one of my components.
These hum problems can be frustrating but, the ground-lift option can fix them. If your listening area is subject to standing water, a Ground Fault Circuit Interrupter between the Panamax and the electrical service might be a good idea. These can be purchased as short (pig-tail) extensions at any good hardware store.
I am not a qualified Electrician. Nor am I giving advice about how to connect electrical devices. I am only offering my own experiences in a similar situation. You should consult a qualified professional for advice.
jrohland