Lets look at some cost for debate.
An Orion VII diesel cost about $700,000 with a life cycle of 18 years by TTC standards.
An Orion VIIR Hybrid cost about $1m with a life cycle of 18 years.
The government is pushing 12 years to keep companies busy and fleet up to date.
The new LRT's are costing about $4.2m with a life cycle of 30-50 years.
I said to move 5,000 riders/hr, you need 100 buses or 32 LRT's.
100 buses cost $70m for diesel or $100m for Hybrid.
32 LRT's cost $134.4m
Battery have to be replace every 5 years for a cost of $65,000/bus or $6.5m.
Buses go under mid life rebuilt at a cost of $150,000 or $15m/100
An LRT will go under mid life rebuilt at about $250,000 or $13m/32
Buses will have to be replace after 18 years and using today cost, that another $70m/$100m
Over the 36 years life of an LRT, those LRT's will cost $147.4m.
To do the same 36 years for buses, it will cost $170m for diesel and $230m for Hybrid plus $450,000/bus for batteries or $45m for a total cost of $275m
If the buses are replace every 12 years with no mid life work, you are looking at $210m for diesel and $345m for Hybrid.
Clearly it shows LRT's are cheaper from a capital cost for a time span of 36 years than buses.
At the same time, cost saving for drivers alone at $65,000/yr not allowing increase that will reach just over $85,000 over 20 years for 100 bus drivers vs. 32 LRT's $130m - $42m for a saving of $88m
Bus cost for diesel is $340m including 100 drivers only
Bus cost for Hybrid is $475m including 100 drivers only
LRT cost is $235.4m including 32 drivers only
Total saving is between $104.6n to $239.4m
Now some of that saving will be reduce to replace tracks and switches as well overhead. How much depends on the length of the line.
Cost to replace the ROW regardless if it LRT's or buses has to be looked at over time, but we do know LRT ROW will last longer than a bus ROW using 100 buses per hour. How fast is another exercise.
It is a given fact that certain people will never ride buses regardless how fast it will get them to where they are going, yet will ride steel wheels.
It cost TTC $110/hr to put a vehicle on the road so TTC said.
At $110/hr for 100 buses for 40hr week and 51 weeks a year, you are looking at about in total of $22.44m.
For 32 LRT drivers, you are looking at $7.1881m or $15.3m less than buses.
Over 20 years, labour saving is about $306m not including increase of wages.
I'm not going to factor in other cost saving cause by LRT, but it clearly shows the back end cost far off sets any front end cost factor to build LRT lines vs. buses/BRT.