YEAR OE PROGRESS

Bay of Plenty Beacon, Volume 1, Issue 20, 5 June 1939, Page 2

YEAR OE PROGRESS

POWER BOARD REPORT INCREASE IN REVENUE It was gratifying to note that the progress of the board's activities was being steadily maintained, and 4 hat although the past year had been subject to further rising the final figures could be considered as satisfactory, said Mr J. D. Dicker, en-gineer-manager of the Bay of Pientv Electric Power Board, when present, ing his report to the annual meeting in Opotiki recently. The turnover in the trading department had increased from £11,.>1)9 to which was an increase of £3121 for the vea,r, and revenue from the sale of electricity amounted to £47,901 9s Id, which was in excess of the previous year by £33(57 12s Id. The amount from the sale of service! 1 lines had increased from £1286 to £1759, an increase of £473. The total turnover in all departments was £65700. EXPENDITURE The capital expenditure for the year amounted to £11»438 16s which was in excess of the estimated figure for the year by £1469, and was partly accounted for by increased costs over which they had no control. together with additional extensions required during the year which were not included in the estimates. The total capital expenditure to date over the whole system was £20Oi088. Stocks held in Opotiki and Whaka. tane at March 31 were valued at £19,014 10s Bd, an increase of £4885 over the totals lor last year. 1 Mr Dicker added that the Whakatane Borough Council commenced' drawing its whole power requirements through the board's system as from August l j and he gave an analysis of the increased revenue and units sold. NEW CONSTRUCTION During the year 24.14 miles of 11,000 volt lines, .72 miles of 400' volt lines and 7.14 miles of 400 volt lines on 11,000 volt iine 3 had been erected. Seventeen chains of three phase 11,000 volt cable had been laid for the Whakatane tie line, and 297 consumers* service totalling 1159 route chains of line, constructed. Thirty-one new transformers of a' total capacity of 415.5 KVA had been erectted. This included the Manawahe extension and Mr Dicker estimated that revenue from that source should be approximately £500 a year. There were now in service 264.t> miles of 11,000 volt lines, and 381 distribution transformers of a total capacity of 5128 KVA. MAINTENANCE INCREASE Mr Dicker said that this year he increased the maintenance estimates. Last year the board's finances were required for a programme of new capital works in excess of normal, but bv the end of the present year the majority of this work should be completed, and acordingly certain major periodic overhauls such a, transformer oil filtering. etc., could be carried out. 7 f