ELECTRIC LIGHT LOAN.

Taranaki Daily News, Volume LVI, Issue 94, 16 September 1914, Page 7

ELECTRIC LIGHT LOAN.

PROPOSALS EXPLAIXED. AN INTERESTING STATEMENT. At tho Borough Council meeting on Monday night, Cr. Kibby, chairman of the electric lighting committee, made a very lucid and interesting statement with reference to the forthcoming poll 0 n the proposal to raise a further loan for £20,000 for electric light and power purposes. He stated that tho electrical engineer's requirements were:—. for . ncw transmission line; £■7oo alterations to existing line; £4OOO new sub-station; £IOSO, switchboards, transformer, and sub-station; £4OOO alterations to existing lines on tramwav route; £3250 for the third 250 K.V.A. set, alterations to buildings, pipe connections, etc.; £4OOO, material required lor extensions during the next four | years. Dealing with the now transmission line firßt, he found out that it was four years since Mr. K. Black gave his report on the tramway scheme, and that the Electric Light Department had not been stationary during that time. The maximum load had increased from 181 to 310 kilowatts, and units sold from 270, i >3 to 400,780. "When we consider," ' he stated, "that we anticipate a gross return this year of over £SOOO for electricity, I have no hesitation in sayinc that the new transmission line is necessary, without taking our prospective tramway load into consideration. Our Engineer informs me that the losses on the new line with the higher voltage, will be reduced to one ninth of the present loss—a very large saving in power. These remarks apply also to the £7<X) alterations to the existing line. Sub-section station and office.—'"l would like to point out that the present building is on a public street. Some years ago the Council bought a section in Liardet street in anticipation of the new building we now propose to erect. The building, as proposed, at present will have a frontage of about 30 feet to Leach street, and about 76 feet to Liardet street, built in concrete or brick. As it is to bo a permanent structure, I hope it will be a credit to ou! town.

"The switchboards and transformer are necessary, owing to the proposed raising of the voltage. "Alterations to overhead lines on tramway route.—This is one of the penalties of progress. Whenever we make forward movements, an adjustment of existing works is necessary. New machine and alterations and building. "Tiijg jj n o t anticipated to 06 tf/]uired for at least two years, but as the Council is going to the ratepayers your committee think it advisable* to make provision for it. Material required for extensions for four years.—"lf this had read 'new intake and storage of 10,000,000 gallons of water/ it would have looked much better on paper, but the new intake was urgently required, and the committee were unable to obtain estimates of what other works were required at the time, go they decided to go on with the intake, end cliarge it to the revenue account. So the position is that having authorised between £3OOO and £4OOO in permanent works out of revenue, this cannot be expected to stand a further strain for extensions.

"I would like to touch on the general aspect of the electric lighting department of tbie town, and point out that the capital expenditure to March 31 amounts to £45.533. The amount borrowed to date is £3S,fltiß. During the last three years our revenue has increased at tho rate of nearly £ 1000 a /ear, and when the trams are running there will be a further increase in revenue. So far the ratepayers have /lot contributed one penny in rates towards electrie light expenditure. In fact, it is the other way about as I notice in our balance-sheet the item of 'less amount appropriated by district fund, £1<597 15>s 9d.' I am confident that with careful management no rate will ever be required, but if the Council adopts'the principle that some ratepayers think should be adopted, viz., that every ratepayer is entitled to have the light connected regardless of cost, it would Boon become necessary to increase the charges or collect a rate. I might also mention that our installation is classed as the fifth largest in the Dominion, and also for our size we arc the best lighted town in the Dominion. That the number of consumers to date U 1395, an addition of !>5 since March. The Mayor complimented G'r. Kibby on tho clear and important statement he had made. He said that, had tho Council provided for the intake money it would not have been necessary to borrow for extension purposes. He was confident that Cr. Kibby'a statement would be read with much interest by the ratepayers, and that the loan would ba carried. (Hear, hear.)

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