GUARANTEE ON POWER
Connexion Costly
In 1960, Mrs C. L. Ridgen, of Glandovey road, had a house at Hororata connected to the power supply, and signed a guarantee to pay £52 a year for the service. In a letter to the Central Canterbury Electric Power Board yesterday, Mrs Ridgen asked that the guarantee be cancelled. Circumstances had prevented her from using the Hororata house much, and she had paid hundreds of pounds on the guarantee, and only a few shilling on power. “I can’t see any possibility of upsetting the guarantee,” said the chairman (Mr W. A. Newton). ”It would upset the whole reason for requiring guarantees, which are to safeguard the board's capital charges on lines that would otherwise be uneconomic.”
The letter was received after the board had been told that the guarantee had seven years and a half to run.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19670510.2.114
Bibliographic details
Press, Volume CVI, Issue 31365, 10 May 1967, Page 15
Word Count
143GUARANTEE ON POWER Press, Volume CVI, Issue 31365, 10 May 1967, Page 15
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in