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-MOW PUAIUITi/ iOU-.'CTIiIC LIGHT. from liia figure- published II vester'lay'.- issue It nil! be seen thin the Xew Plymouth municipal electric in still.at ion is making good In adwn v.and it the demand 1,,,- t|„. current continue to anyway near (It: 1 present extent, it should within a vear or two reach the [laying point. i'.y the time the authorised additions to the installation are made, the capital cost, will be fairly considerable, the :i;t tos! charges being almost .U 1(101) per annum, while the oilier expenses wiil nil! into about £BSO. The installa'lio" will therefore have to earn ciS.il) a year io pay its way. liorougii street lighting contributes revenue to tile amount of £440, and with the private lighting realising £7~> a month, as it should do in a few weeks, or C!K)0 a year, together with harbor lighting at £IOO a year, and post ollice lighting nt £101), the total earnings at the beginning of the next financial year should not be far sliori of the expenditure. If the service pays its way in 1!)08 it will have done very well indeed. Onee the comer is turned, tho electric I glit revenue will he a source of revenue (o tile borough—fhat is, of course, if the business is managed properly and economy, consistent with efficiency, is practised. The serviee belongs to the ratepayers. They are responsible for its establishment, and what is more important, for its liabilities, and it is to their interests to see that every penny ex|iended is judiciously and properly used, and the serviee, expensive as it has proved to establish, made to pay its way, and, if possible, Io earn a prolil, which, of course, would result iu a reduction of the rates.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/TDN19070315.2.7

Bibliographic details
Ngā taipitopito pukapuka

Taranaki Daily News, Volume L, Issue 57, 15 March 1907, Page 2

Word count
Tapeke kupu
290

Untitled Taranaki Daily News, Volume L, Issue 57, 15 March 1907, Page 2

Untitled Taranaki Daily News, Volume L, Issue 57, 15 March 1907, Page 2

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