BOROUGH OF MADISON
STRATEGIC CAPITAL PLAN
Electrical Distribution System
Asset
Description
Admininstration W & L Building
Equipment Storage 4 bay Steel Bldg
Electrical Substations
Kings Substation Building
20 MVA Transformers- 1982
34 KVA Vacuum Breakers-1992
Bank 1 - 15 KV Breakers-1992
Bank 2 - 15 KV Breakers-1999
JP1 & 2 - 34 KV Oil Circuit Breaker
James Park Substation
34KV/15KV Steel Building-1970
12 MVA Transformers-1970
Transformer Bank 3B-1984
Transformer Bank 4B-1987
Bank of 34 KV Breakers-1980
Bank of 15 KV Breakers-1990
LTC oil filtration unit
LTC breather unit
Battery banks
Electrical Switch
Solid dielctric interupter switch 3ph
Solid dielctric interupter switch 1ph
Fault interutpter Switch
Underground Pref/Alternate Switch 1ph
Underground Pref/Alternate Switch 3ph
Pad Mount Pref/Alternate Switch
Electrical Transformer
Single Phase Overhead
3 Phase Pad Mounted
3 Phase Transformer Bank
Single Phase Pad Mounted
Fuse
Overhead Expulsion
Underground Structure
Vault
Manhole
Handhole
2014
Asset Value
Replace
Date
Useful
Life
$3,600,000
$400,000
$3,600,000
$400,000
2050
2056
50
50
$72,000
$8,000
Very Good
Excellent
Excellent
Excellent
Excellent
Very Good
$1,200,000
$1,000,000
$65,000
$10,000
$10,000
$250,000
$1,200,000
$2,000,000
$130,000
$60,000
$40,000
$500,000
2040
2030
2024
2024
2024
2019
50
40
40
40
40
40
$24,000
$50,000
$3,250
$1,500
$1,000
$12,500
1970
1970
1984
1987
1990
1990
2014
2014
2014
Good
Good
Excellent
Excellent
Excellent
Excellent
new
new
new
$1,200,000
$1,000,000
$1,000,000
$1,000,000
$50,000
$50,000
$4,825
$2,912
$8,813
$1,200,000
$2,000,000
$1,000,000
$1,000,000
$100,000
$100,000
$9,650
$5,824
$17,625
2020
2020
2024
2027
2024
2024
2044
2044
2044
50
50
50
50
50
50
30
30
30
$24,000
$40,000
$20,000
$20,000
$2,000
$2,000
$1,930
$6,406
$19,388
G&W
G&W
G&W
G&W
G&W
G&W
2014
2014
2005
2014
2005
2014
new
new
Excellent
new
Excellent
new
$11,315
$6,440
$10,285
$17,270
$18,000
$27,000
$11,315
$19,320
$51,425
$51,810
$180,000
$27,000
2044
2044
2035
2044
2035
2044
30
30
30
30
30
30
$12,446
$21,252
$56,568
$56,961
$3,333
$29,700
533
87
77
26
Multiple
Multiple
Multiple
Multiple
Various
Various
Various
Various
Good/New
Good/New
Good
$1,500
$35,000
$15,000
$25,000
$799,500
$3,045,000
$1,155,000
$650,000
5%
5%
5%
5%
40
30
40
30
$19,988
$101,500
$28,875
$21,667
281
Multiple
Various
Good
$500
$140,500
5%
30
$154,550
8
100
21
Multiple
Multiple
Multiple
Various
Various
Various
Good
Good
Good
$25,000
$2,500
$1,500
$200,000
$250,000
$31,500
2%
2%
2%
50
50
40
$27,500
$5,000
$413
Count
Make
Installed
Condition
1
1
N/A
N/A
1900
2006
Fair
Good
1
2
2
6
4
2
N/A
GE
ABB
Cutler Hammer
Cutler Hammer
GE
1952
1992
1992
1992
1999
1979
1
2
1
1
2
2
2
2
2
Allis Chalmers
Allis Chalmers
Westinghouse
Westinghouse
Satin America
Seimans
Filmax
AEG
C&D
1
3
5
3
10
1
PAGE 1
2014
Unit Cost
Annualized
Cost
BOROUGH OF MADISON
STRATEGIC CAPITAL PLAN
Electrical Distribution System
Asset
Description
Utility Pole
Primary Overhead Conductor
Single Phase Primary Overhead
Three Phase Primary Overhead
Primary Underground Conductor
Single Phase Primary Underground
Three Phase Primary Underground
Secondary Overhead Conductor
Single Phase Secondary Overhead
Secondary Underground Conductor
Single Phase Secondary Underground
Three Phase Secondary Underground
Secondary Services
Residential Metering (6000 accts)
Residential Service Wire (75 ft)
Commercial Metering (500 accts)
Commercial Service Wire (100 ft)
2014
Asset Value
Replace
Date
Useful
Life
$2,500
$5,175,000
2%
50
$103,500
Good
Good
$25
$50
$2,558,475
$8,393,000
2%
2%
30
30
$85,283
$279,767
Various
Various
Good
Good
$50
$150
$339,450
$5,917,000
2%
2%
30
30
$11,315
$197,233
Multiple
Various
Good
$25
$6,405,000
2%
30
$213,500
725
5,857
Multiple
Multiple
Various
Various
Good
Good
$50
$75
$36,250
$439,275
2%
2%
30
30
$1,208
$14,643
6,000
450,000
500
50,000
Multiple
Multiple
Multiple
Multiple
Various
Various
Various
Various
Good
Good
Fair
Good
$150
$5
$500
$10
$900,000
$2,250,000
$250,000
$500,000
2%
2%
2%
2%
25
50
25
50
$36,000
$45,000
$10,000
$10,000
Count
Make
Installed
Condition
2,070
Verizon/JCPL
Various
Good
102,339
167,860
Hendrix
Hendrix
Various
Various
6,789
59,170
Okinite
Kerite
320,250
2014
Unit Cost
TOTAL 2014 REPLACEMENT COSTS =
$53,138,919
TOTAL ANNUALIZED REPLACEMENT COSTS =
KEY
Oper Plan = Year forecasted for replacement by operating personnel.
Lifespan = Years of life according to guidelines by General Accounting Standards Board.
GASB = Replacement year forecast using General Accounting Standards Board (Guidelines for asset valuation and useful life).
CAP = Municipal Electric Capital Fund. OPER = Municipal Electric Operating Fund.
Contractor Labor Cost Estimate = the cost to replace the item using a contractor, at the end of it's useful life
Annualized Cost = Total Asset Value divided by Lifespan used as basis for sinking fund to eliminating bond obligation.
PAGE 2
Annualized
Cost
$1,855,174