ELECTRIC LIGHT
RISING WORKING COSTS. The figures for the electric light department for the eight weeks ended May 28 do not make stimulating reading for the ratepayers. Whilst there is still a small working margin between revenue and working expenses, that margin almost disappears when the amount required for capital charges is added to working expenses. For the two months of the present financial year that have expired the revenue was £21,810, and the working expenses, plus capital charges, totalled £20,124, leaving a difference of £l6BB only. Whilst the increase in revenue (compared with the corresponding period of last year) was £3735, the increase in working expenses is shown as £5420. Tho figures for May of this and( last rear are as follow: — 1921. 1920. Revenue I -212,275 £9,800 Working expenses £10,059 Capital charges A 1,455 £1,416 Credit balance A<6l Units sold 719,559 601,736 The figures for the two months ended May 31 (with the usual comparison) are aS ' f< ’ llow “ 1921 . W2O. Rovenuo £21,810 £18.075 Working expenses ... £17,214 £11.794 Capital charges Credit balance Al. 686 Units sold L 269.329 L085.14S
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Dominion, Volume 14, Issue 228, 21 June 1921, Page 9
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181ELECTRIC LIGHT Dominion, Volume 14, Issue 228, 21 June 1921, Page 9
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