THAMES VALLEY POWER.

Hauraki Plains Gazette, Volume XXXVIII, Issue 5199, 4 November 1927, Page 4

THAMES VALLEY POWER.

REPORTS TO MEETING OF BOARD.

FINANCES FOR HALF-YEAR.

At. Tuesday’s meeting of the Thames Valley Electric Power Board tho manager (Mr R. Sprague) submitted the; following financial statament of income and expenditure for the half-year ended September 30 :— Income : Flat rate, £29,64'3 18s lid ; water heaters, ,£lBO2 3s 2d; ovens, £1135 13s. Power for towns: Matamata, £3459 4s , lOd ; Morrinsville, £2656 11s 3d ; Tq Aroha, £1787 3s Id ; Paeroa, £5402 4s 9d ; street lighting lBs 2d.. Bulk consumers —Te Aroha Borough, £6OB 5s 2d; Thames Borough, £1741 12s ; factories and industrial, £2468 9s Id ; trading, £lOOO ; sundries, £1412 14s 3d ; balance, £1306 Os sd; total, £54,963 18s Id. Expenditure. — Power purchases, £15,949 10s 9d ; interest and sinking fund, £24,521 3s 4d ; administration and maintenance, £9503 5s ’4d ; motor upkeep, £1665 0s 2d; tree planting, £B6 10s 9d ; discounts, £3238 7s 6d ; total,. £54,963 18s Id. The comparisons for the six months for the years 1926 and 1927 of income and expenditure are as follows Flat rate 1926, £25,950 8s Id; 1927, £29,643 18s lid ; water heaters, £1364 16s 8d and £lBO2 3s 2d; ovens, £876 16s 6d and £1135 13s ; towns, £10,768 12s 9d and £13,305 3 lid ; street, lighting, £5lO 13s Id and £539 18s 2d ; towns’ maximum demand ,£lBll 11s and £2349 17s 2d ; industrial, £2976 9s 4d and £2468 9s Id ; trading, £3ooo* and £lOOO ; sundries, £1315 17s 8d ; power purchases £14.617 and £15,949 10s: 9d; interest and sinking fund, £21,300 and £24,521 3s 4d ; administration and maintenance, £9BBB & 8d and £9503 5s 4d;,tree planting and motor upkeep 1927, £1751 10s lid ; discounts, £2BOB I.ls 8d and £3238 7s 9d.

It will be seen that the finances of the board for the half year just ended are in a very satisfactory condition. The returns show that the, power funds account will balance without any assistance from the trading department, being the first occasion since the board commenced operations. The figures also show that the administration and maintenance are being kept down to a minimum, and wherever possible the, strictest economy is being exercised. It is confidently expected that the revenue estimates for the year will be again exceeded, and if the Daylight Saving Act will not affect the peaks to any extent, then it is also safe to state that the expenditure will not be increased. As already mentioned thisi is the most satisfactory return yet placed before; the board. Line to Patetonga.—The recentlyconstructed line to Patetpnga. from Ngatea is developing increased, loading from the settlers in the district, and it is fully anticipated that the revenue offering from his line will make it a very payable; one within the next twelve months. Consumers. —The total number of consumers connected to the board’s mains on October 30 y/as 4960. In these figures Thames and Te Aroha Boroughs are not included, the consumers' in the Thames Borough being 1033, and in the Te Aroha Borough 616. 49 lighting and heating consumers, 56 water heaters, 9 electric ranges, together with 36 motors on farms, of which 29 are 2 h.p. milking motors, were connected during the month. There are now connected and operating 1254 water heaters, 20'9 electric ranges, and the total number of motors connected and running on farms is 2222, of which 1732 are 2di.p. milking motors. From the above figures will be seen that the board has now over 2000 motors.' installed and operating on farms in thes area, together with 350 industrial motors on meters in town areas, ranging from %-h.p. to 100-h.p. 23 motors connected during the month are on already existing lines. In addition 99 consumers had lighting and heating connections made during the month. . There were also' connected 1 50-h.p., 1 25-h.p., 3 3-h.p., 2 2-h.p., and 1 %-h.p. motors on meter rates. ENGINEER’S REPORT. *’ Kaihere-Patetonga.—Power was made available to all consumers on Mangawhero Road on October 2nd. About 1% miles have been wired from during , the month, and distribution and erection of poles is proceeding. Many new consumers who had not previously signed up have since been connected to the lines already greeted. The comp has now been shifted to Patetonga township. “ Maratoto. —The preliminary work of erecting hut, clearing tracks, distributing material, etc., has been finished and a good start made on the erection of the 11000 volt, line towards the Ohinemuri Gold and Silver Mines. Some hard digging has been met with; making the use of explosives advisable.

“ Paeroa Borough.—A re-arrange,-of the mains has been made in het Paeroa Borough since the new transformer was installed at Wharf Street; and considerably better regulation has been obtained.” 1