Does anyone know the service mean life of some typical electrical equipments (switchboards, power transformers, cos Fi correction batteries, protections)? If not, where can I find this information?
The Gold Book IEEE 493-1997 has info on reliability of electrical (power) equipment. The failure rate and particularly failure rate as a function of age may be helpful in judging the equipment's useful life. To completely answer that question you will also need to know cost of failures and maintenance cost of exisitng equipment as compared to replacment/maintenance cost of new equipment.
Never an easy question and I haven't seen many pat answers. The failure rate studies are the place to start IMHO.