DEPOSITS WITH THE POWER BOARD.
MODIFICATION OF SYSTEM PROPOSED. “It has been the practice with the Board to collect a deposit of £1 as security against electricity accounts, from consumers who are not the owners of the property to which the power is supplied, and to retain such, deposit, without interest, until the depositor ceases to be a consumer, ” stated the Secretary (Mr F. J. Ramsay) in his report to the Horowhenua Power Board yesterday. “This deposit has proved very useful, and has undoubtedly saved the Board a considerable sum in bad debts. It has a drawback, however, in that the amount of the deposit is the same in all cases, 'irrespective of the amount of electricity consumed. It appears, therefore, that the question as to the amount of the deposit and the time it should (be (held, could now very well be reviewed. “In this connection, I would mention that recently the secretaries’ committee of the (Supply Authorities’ Association circularised its members on the very point, when it was ascertained that practically all Boards adopted the policy of obtaining security against consumers’ accounts. The amount of the deposit was in nearly every case based on the estimated consumption for the two-monthly period, and there was a definite limit to the time the deposit was retained.” The secretary submitted the following suggestion for the Board’s consideration: —“(a) That the previous resolution be rescinded, and that in future the amount of the deposit be based on the estimated consumption for the bi-monthly period, with a maximum of £2; (b) that the deposit be retained for a period of two years, after which it may be returned, provided all accounts have been paid promptly on due date.” The Chairman (Mr G. A. Monk), who stated that he had discussed with the secretary that morning the question of consumers’ deposits, gave notice to move as recommended in the report. 'The Secretary !mentioned that the amount of consumers’ deposits in hand at March 31st last was £413.
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https://paperspast.natlib.govt.nz/newspapers/HC19330628.2.17
Bibliographic details
Horowhenua Chronicle, 28 June 1933, Page 3
Word Count
333DEPOSITS WITH THE POWER BOARD. Horowhenua Chronicle, 28 June 1933, Page 3
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