I have just finished a long project of restoring 55 022 switches. Here is what I have found and what I recommend. I hope I don’t miss anything. This involves oiling and soldering and a little adjustment. When you are done with the switches, they should operate very smoothly.
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Remove the switch motor cover, the switch motor, and the back cover of the switch.
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Lubricate the following places in the switch motor: The latch should be oiled at the pivots and where it slides over the moving piece that is connected to the solenoid. Lubricate the lantern pivot and the gear. Lubricate the slide that is attached to the solenoid. Lubricate the two rivets that hold the slide with the contacts. Put two drops of oil in the solenoid. Test the switch motor by putting a lantern in the lantern holder and turning it. It should turn very freely.
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Solder all the crimp connections on the bottom side of the switch. These are often high resistance due to corrosion. I either wire brush them with a small soft wire wheel in a Dremel tool, or use a fine sandpaper wheel in the Dremel tool. There are a total of 6 places to solder: Two for the center rails, one for each of the rails that are the rails for the non-derailing feature, and two that connect the two outside rails together. To sand the clip that connects the two outer rails, I had to reverse the sanding disc on the Dremel tool. Don’t put too much solder on this clip, or the solder may interfere with the operation of the switch motor. Use a Scotchbrite pad to clean the clip where it contacts the switch motor frame. This is the ground connection between the switch motor and the outside rails. Clean the corresponding area on the switch motor, and put a little WD-40 on things. Tighten the screw that connects the center rail to the strap. Work the screw back and forth a couple of times to burnish the contact ar