MUNICIPAL LIGHT

Dominion, Volume 7, Issue 2207, 21 July 1914, Page 6

MUNICIPAL LIGHT

GROWING RETURNS. The following return-of. llio revenue, working expenses, etc., in connection ■with the Electric Light Department's operations for June was presented to the . Tramways ■ Committee yesterday afternoon: — . / 1914. 1913. Revenue £6,775 £6,452 Working . expenses £2,529 £2,357 Capital charges . ... £1,536 £1,473 Credit balance £2,710 £2,622 Units sold 348,593 298,563 New '"connections made during month "... lia .104 The return for the quarter ended June 30 is as follows:— • ■ 1914. 1913. Revenue £.18,024 £18,237 Working expenses £6,913 . £6,630 Capital charges ... £4,606 £4,419 Credit balance £6,505 £7,188 Units sold 919,938 541,503 Now connections made 39S 357 Total connections at June 30,1914 . 9,436 8,248 From the foregoing figures it will be noticed that the amount of revenue is over £200 loss than for the corresponding period of last year, though the number of units sold is in excess. The explanation lies in the fact that a reduction in the cast of current was made during the latter part of last year, which naturally' had an effect on the revenue. The encouraging eign is the steadily increasing amount of current that is being used in Wellington. The Mercer Street powerhouse was working nearly up to capacity in June last, but the load will now show a lightening tendency, and with the new Parsons turbine ready next month there will be a fine margin of power for expansion.