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#175161 - 02/23/08 11:29 AM Financial Cost To employer of Average Arc Blast
Yoopersup Offline
Member

Registered: 03/04/03
Posts: 826
Loc: Michigan
Anyone got a link showing the financial cost of the average Arc Blast accident.In terms of money.
Losts wages, hospital time ect ect.

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Arc Flash PPE Clothing, LOTO & Insulated Tools
#175172 - 02/23/08 06:17 PM Re: Financial Cost To employer of Average Arc Blast [Re: Yoopersup]
resqcapt19 Offline
Member

Registered: 11/10/00
Posts: 2209
Loc: IL
Quote:
OSHA’s current NFPA 70E and Electrical Safe Work Practices presentation
states that the cost of arc flash burn injuries to the employer is now between 1 and 3
million dollars per incident, with a few exceeding 6 million dollars.

This is from this white paper.
I have seen other documents that state the cost can easily exceed ten million dollars for a single incident.
Don
_________________________
Don(resqcapt19)

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#175174 - 02/23/08 06:23 PM Re: Financial Cost To employer of Average Arc Blas [Re: resqcapt19]
resqcapt19 Offline
Member

Registered: 11/10/00
Posts: 2209
Loc: IL
This document shows even higher costs.
Quote:
In statistics presented at the 3rd International Conference on Electrical Injury in 1998, the Electric Power Research Institute estimated the direct costs of an electrical fatality at $1.3 million dollars, with total direct and indirect costs reaching between four and ten million dollars. Serious electrical injuries can be even more devastating to the people involved as well as to the bottom line. Floyd estimated the total of direct and indirect costs of a major electrical accident at $17.4 million in 2003 dollars.
_________________________
Don(resqcapt19)

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#175175 - 02/23/08 06:25 PM Re: Financial Cost To employer of Average Arc Blast [Re: resqcapt19]
Yoopersup Offline
Member

Registered: 03/04/03
Posts: 826
Loc: Michigan
Thank you was looking for that for an Arc Blast class

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