Based on a recent evaluation by WAPA’s Assessment Team, Energy Services is sunsetting its popular Equipment Loan Program. The Assessment Team, which was established in 2017, has been studying WAPA programs and initiatives to ensure that they support WAPA’s mission and bring value to the customer. The evaluation concluded that the program had successfully accomplished its original objective of giving power customers the opportunity to test out expensive diagnostic tools that might help them with planning, operations and maintenance.
WAPA launched the Equipment Loan Program more than 30 years ago when diagnostic tools were often large, cumbersome and expensive. The price of an infrared camera, for example, used to run to several thousand dollars for a basic model. Now you can pick up a pocket-sized camera at Home Depot for a little more than $200. There are even apps you can download to take IR pictures with your cellphone. Likewise, anemometers and weather stations have come down in price so that entities on a tight budget—schools, small municipal utilities—can afford to purchase their own.
Keeping pace with the latest technology has also become a problem for the Equipment Loan Program. The technology behind the tools used to change more slowly, so the program could provide customers with state-of-the-art equipment, or close to it. Today, a new and genuinely improved model seems to come out every couple of years. Even with more affordable prices, updating the tool library becomes an expensive proposition. At the same time, customers often can buy the latest version of a particular tool without denting their own budgets.
These changes in the marketplace have led to a sharp drop in the number of customers using the Equipment Loan Program. At the same time, many of the tools have become outdated. Were the program to continue, bringing the library up to date would be costly. The decision to end the program saves about $177,000 annually—funds that can be directed toward efforts that offer customers greater value.
All of the existing loan requests have been filled and we are in the process of retrieving the equipment so it can be disposed of as federal law requires.
Going forward, WAPA customers will have to make other arrangements for their equipment needs. However, most of the diagnostic tools in the Equipment Loan Program library are readily available from local vendors for rental or purchase. Also, you can contact your regional Energy Services representative for suggestions on where to find tools.
Your support of the Equipment Loan Program over the years has made it a highlight of Energy Services. It has allowed us to meet our customers, learn about your unique operations and find solutions that improve safety, efficiency and occasionally your bottom line. As hard as it is to say goodbye to the Equipment Loan Program, we consider it a success to retire a program that has served its purpose and met your needs.