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3 WHITE PAPER – VeriSafe Absence of Voltage Tester–Improving Eciency and Reducing Costs
Historical Costs of Checking for
Absence of Voltage
Numerous studies exist pertaining to injuries resulting from electric
shock and arc flash events. These studies recognize that establishing
the economic payos of prevention is a critical factor in promoting
workplace safety. Besides personal injury, the costs of property and
equipment damage need to be considered. Although estimates vary,
studies have shown that the average direct cost of an electrical injury
ranges from about US $50,000 to US $80,000
1
, while the indirect cost
can exceed the direct cost by a factor of nearly four
2
. Direct costs include
lost wages or workers’ compensation payments, medical expenditures,
and legal expenses. Indirect costs include:
wages paid during work stoppage
administrative costs related to injury
property damage and repair
training and compensation for replacement workers
lost productivity with less experienced workers
fines related to workplace safety violations
potential increase in absenteeism
decrease in morale
Electrical injuries have one of the highest average workers’ compensation
costs, second only to motor vehicle accidents
3
.
Injuries from contact with
exposed wiring, transformers,
or other electrical
components frequently occur
in the workplace and involve
construction, installation,
maintenance, and repair
workers. These injuries are
often costly and serious, as
demonstrated by the number
of days away from work; 51%
of workers missed over one
week of work due to these
injuries, with 40% missing
two weeks or more
4,5
.