£4,777 INCREASE

Hauraki Plains Gazette, Volume 53, Issue 32501, 8 November 1944, Page 5

£4,777 INCREASE

SALE OF ELECTRICITY

VALLEY POWER BOARD

FIGURES FOR PAST SIX MONTHS

“ The revenue from the sales of electricity for the half-year ended September, 1943, was £lOO,660 against £105,437 for the year just ended, an increase of £4777,” reported the manager, Mr R. Sprague, to Tuesday’s meeting of the Thames Valley Electric Power Board.

The report continued: — “The comparisons of revenue and expenditure show that the increases are fairly normal, but the effect of the reductions in charges already given to consumers, especially milking motors, will be more apparent during the current half-year.

*Tt will be noticed that a big reduction in revenue from farm motors has been due to the consumers taking advantage of the Id unit rate for pumping against the previous rate of 21d unit.

' “All services under the heading of expenditure have shown increases. Value of Metering

“A very satisfactory position is the ratio of increased power purchases to revenue. This is wholly due to the metering of water-heaters. “The financial position is quite satisfactory and with the increase in units sold, together with revenue increase, which has almost set off the increased expenditure, the board could safely give a reduction to industrial' users. These consumers have had only one reduction since 1029 and a reduction in rates has been brought before the finance committee for their consideration. Revenue and Expenditure

“The (following are the comparisons of revenue and expenditure for the period ended 1943 and 1944. It is necessary to group the water heating revenue with the domestic and milking services, owing to the metering not being in operation last year:— Revenue domestic and waterheaters.—l943, 45,662; ,1944, 58,088. “Milking motors and’ waterheaters. —1943, 17,929; 194'4, 28,944. “Waterheaters 1 . —1943, 18,449. “Combined total. —1943, '82,040'; 1944, '87,032; increase, 49'92. ‘‘Farm motors.—l 943, 2'368; 1944, 994; decrease, 1374. “Industrial.—l 943 5979; 1944, 6817; increase, ,838. “Street lighting.—l 943, 870; 1944, 10’06'; increase 130.

“Community lighting.—l 943, 124; 1944, 2; decrease, .122. “Towns’ maximum demand. —1943, 6531; 1944, 6864; increase, 3'3'3. “Dairy factories. —1943, 1776; 19’44, 1741; decrease, 35.

“Sylvia 'Mines 'Ltd.—l943; 967; 1944, 98'7; increase, 20. “Sundries.—l9'43, 145; 1944, 127; decrease, 18.

“Totals.—l 943 100,800'; 1944, 105, ■ 564; increase, 6313; decrease, 1549.’